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IT BEGINS: Japan Pays Billions To Firms To Leave China, Relocate Production Elsewhere

Japan has earmarked hundreds of billions of yen of its coronavirus stimulus relief to go toward helping its manufacturing companies move their production plants out of...

“The extra budget, compiled to try to offset the devastating effects of the pandemic, includes 220 billion yen (US$2 billion) for companies shifting production back to Japan and…

  • Ryan Saavedra
  • The Daily Wire

“That has renewed talk of Japanese firms reducing their reliance on China as a manufacturing base.

The government’s panel on future investment last month discussed the need for manufacturing of high-added……

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