japan continues to attract FDI. In recent years, FDI stock in Japan has steadily risen to ¥18.5 trillion at the end of 2008 (approx. $179.6 billion at an exchange rate of 103 yen/dollar, the official annual average exchange rate of the IMF International Financial Statistics for the year 2008). This 3.4 trillion increase over 2008, despite the sharp downturn in global economy triggered by the financial crisis, which began in the fall of 2008, is the highest rise ever.
Of this ¥18.5 trillion, direct investment from the United States accounts for ¥6.7 trillion. EU investment accounts for ¥6.8 trillion, and ASEAN investment accounts for ¥920.2 billion.
japan continues to attract FDI. In recent years, FDI stock in Japan has steadily risen to ¥18.5 trillion at the end of 2008 (approx. $179.6 billion at an exchange rate of 103 yen/dollar, the official annual average exchange rate of the IMF International Financial Statistics for the year 2008). This 3.4 trillion increase over 2008, despite the sharp downturn in global economy triggered by the financial crisis, which began in the fall of 2008, is the highest rise ever.Of this ¥18.5 trillion, direct investment from the United States accounts for ¥6.7 trillion. EU investment accounts for ¥6.8 trillion, and ASEAN investment accounts for ¥920.2 billion.
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