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Japanese Companies Are Leaving China to De-risk

Japanese companies have left China one after another. After Sony and Daikin, Mitsubishi may cease production in China due to deteriorating business environment.
Japanese Companies Are Leaving China to De-risk
A security worker walks past a Mitsubishi Motors Outlander plug-in hybrid sport utility vehicle displayed at the company's headquarters in Tokyo on April 20, 2016. Tomohiro Ohsumi/Getty Images
Alex Wu
10/1/2023|Updated: 10/2/2023
0:00

After Japanese air-conditioning giant Daikin and technology giant Sony left China, Japanese media has reported that Mitsubishi Motors may cease production in the country.

In recent years, Japanese companies have left China one after another. Experts believe that as geopolitical tensions intensify, the “political cold yet economic hot” relations between Japan and China will change. Japan’s key supply chains will gradually separate from China, de-risking in the short term and decoupling from China in the long term.

Alex Wu
Alex Wu
Author
Alex Wu is a U.S.-based writer for The Epoch Times focusing on Chinese society, Chinese culture, human rights, and international relations.
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Related Topics
Chinese Communist Party's (CCP)
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