Doing business becomes a problem, poll shows
Print Edition
About 60 percent of Chinese corporate leaders say they cannot do business with Japanese firms because of thorny relations between the two countries, according to a poll published yesterday.
About the same percentage of South Korean bosses said they tried to keep dealings with Japanese companies to a minimum, citing political tensions between the two countries.
However the survey, carried out jointly by the Nikkei of Japan, South Korea’s Maeil Business Newspaper and China’s Global Times, found around 80 percent of Japanese executives had no problem dealing with companies from the other two countries.
That was in marked contrast to just 13 percent of Chinese business people who said they were able to separate their company’s dealings from the diplomatic frostiness.
“Japanese, Chinese and South Korean corporate leaders hold strikingly different views on cooperating amid political tensions,” the Nikkei said.
Nearly two-thirds of Japanese executives named Southeast Asia as their most promising market. About 38 percent said it was China, down 8 percentage points from last year’s survey.
The poll involved 109 companies in Japan, 100 in China and 137 in South Korea.
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