On Mon, 2 Oct 1995, Iwao Kitamura wrote:
> >=09Iwao -- I'm curious about the Mid-East numbers. Why 100%? Is it
> >the nature of the business, its size, or some other factors?
>=20
> One reason is that the direct investment from Japan to middle east is
> targeting only crude oil production. This requires mostly construction
> investment. Second reason is a statistical problem that the category "loc=
al"
> here means that japanese affiliates purchase investment materials not
> through direct import.
=09So you mean that as long as it's first imported by some other
`local' company it doesn't count as imported?=20
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