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Jakarta. Japanese companies today favor investing in Southeast Asia as Tokyo’s economy slows, according to Shujiro Urata, a senior research advisor to the president of the think-tank Economic Research Institute for ASEAN and East Asia (ERIA).
Shujiro said that Japan had witnessed economic stagnation for decades, and the economy had recently begun to recover although not at a significant rate. Japan today is facing a series of challenges, among others, a declining population. This affects the Japanese economy’s…