I have underlined some problem areas:
Through the 1950s and 60s, the economy high-speed growth , Japan has
entered the ranks of leading trader, large-scale exports to overseas
markets dependence has continued to increase, open up overseas markets,
Japan's export trade has become the urgent need of development, the
market for overseas - during this period overseas investment to become
the main types of investments, this phase of Japan's foreign direct
investment from the larger capacity of developing countries to markets
of developed countries of Europe and America. Japan's overseas
investment is another reason for the continuing escalation of the trade
friction. [This should be broken into several sentences.]
The 1960s and 70s, trade friction involves only certain
commodities, but in the 1980s, it has developed to automobiles,
electronics, precision instruments and other high-tech fields, as
Japan's economy, China must solve the problems.
One
of the
effective ways is to direct foreign investment, which can cross
the
tariff and non-tariff barriers, but also
to open up overseas markets.
In the mid-1980s, the yen's appreciation for Japan's foreign
direct investment in the rapid development has created favorable
conditions, 1972-1973 Japanese foreign direct investment, an average of
2.66 billion US dollars, to the 1984 breakthrough 10 billion US
dollars, in 1987 reached 33.364 billion dollars. The efficiency-seeking
foreign direct investment into Japan's important multinational
companies overseas investment types, to the early 1990s, Japan's
manufacturing sector, especially electrical machinery and
transportation equipment industry, has established a globally
integrated production system. And on the other hand appreciation of the
yen to Japan's foreign trade lost their price advantage and
competitiveness in the international market declined, exports shrink. [This needs breaking up into several sentences too.]