Learn more

Tokyo [Japan], October 5 (ANI): Japanese companies currently operational in China are increasingly pulling their operations away from the country, with capital investments of Japan’s subsidiaries in China declining for the seventh consecutive quarter. This shift by Japanese automakers began as competition in China intensified, particularly affecting components and other parts of the supply chain. Japanese firms’ investments in China, including Hong Kong, dropped by 16 per cent year-on-year in dollar terms in the April-June period, according to an analysis of a Ministry of Economy, Trade, and I…

cuu