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Japan's trade policy at odds with business preferences, survey shows
For Japanese firms, China is the most favoured nation for business, while Tokyo pushes for the TPP without China
"We are not drawing the conclusion that the RCEP is most important" among FTAs because its members include China and India which are not included in the current RCEP line-up. "What is most desirable is to have maximum integration of the market." - Hiroyuki Ishige, chairman and CEO of the Japan External Trade Organization
PHOTO: BLOOMBERG
Tokyo
CORPORATE Japan sees China as its most favoured destination for exports and investment, a new survey has revealed, despite Prime Minister Shinzo Abe's promotion of the China-excluding Trans-Pacific Partnership (TPP) as the primary vehicle for achieving trade liberalisation in Asia
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