Apr 10, 2020

Japan budgets $2.2 billion for its manufacturing firms to Leave China

Posted by in categories: economics, government

As part of its economic stimulus package, Japan has earmarked $2.2 billion to help its manufacturers shift production out of China. The Japanese government’s panel on future investment had last month discussed the need for manufacturing of high-added value products to be shifted back to Japan, and for production of other goods to be diversified across Southeast Asia.

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