Japanese firms pull back from China amid geopolitical tensions, supply chain shifts
The number of Japanese companies operating in China has fallen nearly 30 per cent since its peak in 2012 and is down 22 per cent over the past two years, according to a survey conducted amid prolonged political tensions between Beijing and Tokyo. As of June, 10,118 Japanese enterprises were identified as having a presence in China, the lowest number since 2010, according to a survey and analysis released on Monday by the corporate credit research and business intelligence firm Teikoku...
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