JAPAN PREFERS CHINA TO INDIA 

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By FROM OUR CORRESPONDENT
  • Published 27.07.01
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New Delhi, July 27 :    New Delhi, July 27:  The investment environment in India is not so hot as in China. This was the message of the Japanese delegation at the 23rd joint meeting of the standing committee of Indo-Japan Business Cooperation Committee(IJBCC) organised by Ficci. Jiro Aiko, chairman of the standing committee of JIBCC who is also the chief of Sony corporation said, "Due to psychologically negative effects of economic sanctions, direct investment from Japan to India has been declining for the past two to three years and trade has been flat."