From the Associated Press via BusinessWeek (link)
Japan’s direct investment in China rose 19.8 percent to a record US$6.53 billion last year despite anti-Japanese demonstrations in China last April, a Japanese trade group said Monday.
Direct investment from Japan in 2005 — excluding banking, securities and insurance sectors — surpassed the previous record of US$5.45 billion registered in 2004, the Japan External Trade Organization said.
The figures show that China remains Asia’s top market for Japanese investment.