Japanese Companies Shift Manufacturing Operations Out of China Due to Sino-US Trade War

Japanese Companies Shift Manufacturing Operations Out of China Due to Sino-US Trade War
A pedestrian walks past an electronic board showing the share prices of the Tokyo Stock Exchange (L) and the foreign exchange rate between the yen and the US dollar (R) in Tokyo on Aug. 13, 2018. Kazuhiro Nogi/AFP/Getty Images
Frank Fang
Frank Fang
journalist
|Updated:
Four Japanese companies—Asahi Kasei, Komatsu, Iris Ohyama, and Mitsubishi Electric—are moving production out of China, in response to the ongoing trade war between the United States and China, according to two recent articles by Japanese media Nikkei.
Asahi Kasei, a chemical company, shifted production of a plastic material that is shipped to the United States from China, to a plant in Japan. The decision to bring production home was made after the plastic, which is used in auto parts, was among products the Trump administration said would be subject to tariffs.
Frank Fang
Frank Fang
journalist
Frank Fang is a Taiwan-based journalist. He covers U.S., China, and Taiwan news. He holds a master's degree in materials science from Tsinghua University in Taiwan.
twitter
Related Topics