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Economy

Japanese foreign investment shifts from China toward Asean

TOKYO -- Japan's direct investment overseas grew by 10.4% to a record $135 billion in 2013, the Japan External Trade Organization reported Thursday.

     Japanese direct investment in China decreased 32.5% to $9.1 billion, while direct investment toward members of the Association of Southeast Asian Nations jumped 120% to $23.6 billion, according to the 2014 JETRO Global Trade and Investment Report.

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