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Asia News on Jan. 6, 2020
Monday, January 06, 2020
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(South Korea) Foreign direct investment (FDI) to South Korea dipped 13.3% to $23.3 billion in 2019 year-over-year
South Korean investors bought $59.3 million of Apple stocks, the largest tally among all foreign companies during the 4th quarter of 2019.
South Korea has earmarked $1.28 billion research budget in 2020 to support small and medium-sized enterprises.
(source: The Korea Herald)
*Japan
Of 113 Japanese companies polled, including Toyota Motor Corp., Song Corp., none said Japan's economy is growing strongly.
(source: JapanToday)
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(China) Alibaba reported that it has been strengthening its anti-counterfeiting and intellectual property rights protection in recent years, developing 10 anti-counterfeiting technologies such as fake product screening.
(source: Xinhua News Agency)
*Korea
Exports of Korean snack products amounted to $43.1 million in 2018, up from $41.6 million in 2017.
South Korea exported $370 million of beauty products to Japan in the January-November period of 2019
(source: The Korea Herald)
*Japan
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Hạnh Dương
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