一、日本企业扩大对外直接投资与当地资本的矛盾。近年来,日本投资者在制造业方面的主要投资方向是曾经支撑日本经济实现高速增长的家电、汽车等战略性出口工业部门,也是世界性生产和设备过剩的部门,是日本与欧美发生“贸易摩擦”的根源。日本投资者在这些领域扩大对外直接投资,固然会产生乎衡经常收支的效果,然而对压缩生产 First, Japanese enterprises to expand the conflict between foreign direct investment and local capital. In recent years, the major investment direction of Japanese investors in the manufacturing industry has been the strategic export industries such as home appliances and automobiles, which once supported the rapid growth of Japan’s economy. It is also a sector with excess production and equipment in the world. Japan is also suffering from “trade Friction ”of the root cause. Japanese investors to expand foreign direct investment in these areas, of course, will produce a balanced current balance of payments effect, however, the compression of production