S. Korea, China, and Japan account for 25% of total direct investment in ASEAN in 2018

South Korea, China, and Japan are upping their
direct investment in ASEAN. The Korea International Trade Association
says South Korea poured six-point-one billion U.S. dollars into ASEAN last year, up 16-point-seven
percent from the previous year. But the amount is just a third of Japan’s. China, which is promoting its Belt and Road
Initiative, is focusing most of its ASEAN investment in Singapore, Malaysia, and Indonesia. Last year, the three countries accounted for
almost a quarter of total direct investment into the rapidly-developing Southeast Asia

Leave a Reply

Your email address will not be published. Required fields are marked *