Japan's Ministry of Economy, Trade and Industry has unveiled the first group of Japanese companies to subsidize for shifting manufacturing out of China to Southeast Asia or Japan.
Eighty-seven companies or groups will receive a total of 70 billion yen ($653 million) to move production lines, in a bid to reduce Japan's reliance on its large neighbor and build resilient supply chains.
[FULL STORY HERE]
World Politics News is dedicated to raising Americans' knowledge of political events, elections, and legislation throughout the world.
No comments:
Post a Comment