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The Role of the Overseas Chinese in the Sino—Japanese Economic Relationship

In: Japan and China

Author

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  • Yan Zhu

Abstract

The Sino-Japanese economic relationship has greatly intensified over the past 20 years since China began its reform and open-door policies. Today Japan is China’s biggest trading partner. In 2000, China’s trade value with Japan amounted to US$ 83.2 billion: US$ 41.7 billion for exports and US$ 41.5 billion for imports (China’s Customs Statistics, 2000). Japan’s total trade value with China was US$ 85.7 billion: US$ 30.4 billion for exports and US$ 55.3 billion for imports; and China is Japan’s second largest trading partner after the United States (MOF, 2000) (for Sino-Japanese trade see Chapter 2). In terms of investment, Japan ranks third in foreign direct investment (FDI) to China after Hong Kong and the United States. By the end of 2000, the cumu-lative total of Japanese direct investment to China on contract value was US$ 38.8 billion, while the actually used value was US$ 27.8 billion (China’s Latest Economic Indicators, 2001) (for Japanese FDI into China see Chapter 3).

Suggested Citation

  • Yan Zhu, 2002. "The Role of the Overseas Chinese in the Sino—Japanese Economic Relationship," Palgrave Macmillan Books, in: Hanns Günther Hilpert & René Haak (ed.), Japan and China, chapter 10, pages 194-205, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-4039-0739-4_11
    DOI: 10.1057/9781403907394_11
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