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Japan’s Softbank Investment will focus on China

Posted by: qq16797870 on: August 11, 2008

This IT news is provided from the SK Net Service Company Ltd

Japan’s Softbank president Masayoshi Son, the first people who invest internet, has made it clear that they will focus investment in China. “10 years ago, Softbank’s investment focus in the United States, and five years ago in Japan, and now the focus of investment is in China.” Son specially emphasis on the English word NOW.

Son admitted, the whole economic environment is in decline all over the world, China’s economy, in particular the small and medium enterprises will be affected. However, due to the rapid growth of economy a few years ago in China, they will continue to maintain a relatively high rate of growth compared to other countries though influenced in some way. Son also agreed with the host of this summit Alibaba chairman Ma’s “winter” theory that China has encountered some problems especially in manufacturing and trade areas.

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