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Monday, April 20, 2020

More on the Japanese pull-back from China

An article in the Nikkei Asian Review goes into a bit more detail on the maneuvering to get more Japanese industry back to Japan...or at least out of China.
"Due to the coronavirus, fewer products are coming from China to Japan," Abe said. "People are worried about our supply chains."

Of the products that rely heavily on a single country for manufacturing, "we should try to relocate high added value items to Japan," the leader said. "And for everything else, we should diversify to countries like those in ASEAN.
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Tam @ 9:28 AM
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Tam
Indianapolis, Indiana, United States
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