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Monday, September 28th, 2020
Home » Tag Archives: Japanese supply chain

Tag Archives: Japanese supply chain

Japan to Pay at Least $536 Million for Companies to Leave China

Chinese flag. Japanese flag.

BLOOMBERG, JULY 18, 2020 BLOOMBERG NEWS – Japan’s government will start paying its companies to move factories out of China and back home or to Southeast Asia, part of a new program to secure supply chains and reduce dependence on manufacturing in China. Fifty-seven companies including privately-held facemask-maker Iris Ohyama Inc. and Sharp Corp. will receive a total of 57.4 billion yen ($536 million) …

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