Leave China? No thanks, some Japanese firms say to Tokyo’s cash incentives

//Leave China? No thanks, some Japanese firms say to Tokyo’s cash incentives

Leave China? No thanks, some Japanese firms say to Tokyo’s cash incentives

Japan’s move to provide government subsidies to companies so they can diversify their supply chains away from China is not likely to result in a large-scale exodus back home or to Southeast Asian countries, analysts say. All five Japanese companies spoken to by This Week in Asia for this article said they intended to continue to manufacture in China on the grounds that it remains a critically important market and that it would be expensive and unnecessarily disruptive – particularly at the…

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By | 2020-05-12T23:00:15+00:00 May 12th, 2020|Headlines|Comments Off on Leave China? No thanks, some Japanese firms say to Tokyo’s cash incentives