Study: China targeting Japan for investments

Tokyo

CHINESE overseas investment has surged massively in recent years, to the point where China is now the world's third largest foreign investor and where its outward investment is set to exceed inward investment this year for the first time ever - with Japan among China's expanding "strategic" targets.

The dramatic drop in the value of the yen as a result of "Abenomics" is by no means the chief reason why Chinese firms are growing keener on M&A (merger and acquisition) deals in Japan, experts say. Rather, China is seeking to acquire Japanese technology through the takeover route.