The Largest Importing Country In China: The Geometry Of Earthquake Effects

How does this earthquake affect the direction of China and Japan's foreign trade?

China's customs data show that China's trade deficit with Japan in 2010 was 55 billion 650 million US dollars, an expansion of 68.5%.

Data from January this year show that Japan is China's largest source of imports.

The head of the Asian Division of the Ministry of Commerce said yesterday that there was no complete statistics on the number of Chinese funded enterprises in Japan, but the total number of these enterprises in Japan was not large, basically concentrated in the periphery of Tokyo, that is, the central part of the state.

According to the person in charge, there are only a few enterprises close to the Northeast seismic area, for example, two companies invested by a Chinese company have factories near Chiba.

The official stressed that it is too early to talk about the impact of the earthquake on bilateral trade between China and Japan.

At present, the Chiba area east of Tokyo is also affected by the tsunami, and the foundation is seriously damaged.

It has been learned from several channels that the scale of Chinese enterprises' investment in Japan has increased rapidly in recent years, but in general, there are fewer factories in China.

The responsible person said that the current situation shows that the relevant enterprises have not been too large enterprises.

Public information shows that many Chinese enterprises began to set up representative offices or liaison offices in Japan in the 80s of last century, but the time for substantive investment started relatively late.

"True mass entry

According to authoritative channels, the amount of investment made by Chinese enterprises in Japan in 2010 was US $207 million, an increase of 120% over the same period last year.

The responsible person said, "against Japan"

In addition, Haier has a joint venture in Japan, and HUAWEI and ZTE have branches in Japan.

The head of Dalian Neusoft group said that the company's staff in Japan were contacted and they were all very safe.

The company invested in Japan to set up Dalian Neusoft group (Japan) Co., Ltd. to engage in software research and development.

"At present, the Dalian Neusoft group's investment in Japan is 100%, and the number of people who travel to Japan every year is 200~300, and the local Chinese employees and Japanese employees are 200."

The company director said that the company's branch in Japan was mainly located in Tokyo. Because it is a software company, it does not need a factory to set up an office, so long as the network is running normally, it can work.

And the traffic order in Tokyo has been gradually restored.

As the earthquake did not cause much harm to Japan's partners, the basic expectation is stable.

Han Shengjian, director of the complete equipment department of the China Machinery Import and Export Chamber of Commerce, told reporters: "HUAWEI now belongs to our mechanical and electrical enterprises with more staff in Japan.

Their domestic staff plus local employees are about 100.

At present, the situation of feedback is that the representative office is located in Tokyo, so there is no problem.

Earthquake for China and Japan

The relevant director of the Asian Division of the Ministry of Commerce said that if some manufacturing enterprises were damaged in the earthquake and the production resumption might take some time, the overall purchase and sale would be affected, which would have an adverse effect on Japan's external supply.

"From the point of view of trade means, because the main ports in Japan are in non disaster areas such as Tokyo, Kobe and Yokohama, they are not affected."

He said.

China is Japan's largest trading partner, the largest export destination and the largest source of imports, according to the latest Japanese trade in goods and Sino Japanese bilateral trade released by the Ministry of Commerce in 2010.

Han Shengjian said that for the high-end electronics industry, because China has undertaken some processing trade pferred from Japan, it may be indirectly affected by the import and export of spare parts for overseas enterprises.