European openness to investment by Chinese state entities means support for a regime that is not necessarily Europe's friend and that certainly doesn't share its values.
Foreign direct investment in Japan remains sluggish even as FDIs increase in other industrialized economies.
Once again, India is being courted as a potentially lucrative market for global defense contractors, but after so many false starts in the past, the new Modi government will have some convincing to do.
If Japan wants to regain its international competitiveness and recover its innovative capabilities, it must encourage leading foreign firms to come to the Japanese market.
