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Understanding Japanese Direct Investment in China (1985–1993):
Author(s) -
Deng Liping
Publication year - 1997
Publication title -
american journal of economics and sociology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.199
H-Index - 38
eISSN - 1536-7150
pISSN - 0002-9246
DOI - 10.1111/j.1536-7150.1997.tb03455.x
Subject(s) - china , foreign direct investment , investment (military) , element (criminal law) , politics , chinese culture , market economy , economic system , economics , economy , business , political science , macroeconomics , law
Japanese private investors have recently established a remarkable presence in the Chinese economy . While the comparative performance of Japanese direct investment can be attributed to managerial, economic, social and political factors, the present article shows that elements of Japanese culture have also played a role. An intercultural comparative analytical framework is developed. Aggregate data and survey reports suggest that Japanese cultural factors have contributed to the performance of Japanese direct investment (1985–1993), relating to level, pattern and managerial behavior. This study points to 1) the importance of having a comprehensive understanding of Japanese direct investment including its cultural element, and 2) the necessity for the Western investors to pay close attention to the cultural aspect of a successful investment in China .