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JAPANESE GOVERNMENT TO PAY COMPANIES TO MOVE FACTORIES FROM CHINA TO SOUTHEAST ASIA

Published On 04 Sep 2020 07:21 PM


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Highlights –

  • Japanese government to pay companies to move factories from China to Southeast Asia.
  • The list of countries also includes India and Bangladesh.
  • The government wants to secure supply chains and reduce dependence on China for manufacturing.
  • Iris Ohyama Inc. and Sharp Corp. to receive subsidies of $536 million from the government.

With the inte....


Tags : JAPAN, JAPAN NEWS, JAPAN BUSINESS NEWS, JAPAN MANUFACTURING COMPANY, CHINA, SOUTHEAST ASIA, INDIA,
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