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Japan Reveals Projects Eligible for ‘China Exit’ Subsidies

  • Writer: Admin
    Admin
  • Jul 23, 2020
  • 1 min read

Japan’s Ministry of Economy, Trade and Industry announced the first group of Japanese companies to get the subsidy to move out of China manufacturing.


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.




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