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Comment: Japanese companies reviewing supply chains, amid rising US-China trade tensions

By Sachiko Sakamaki ( April 10, 2023, 03:15 GMT | Comment) -- After building global supply chains over the past several decades, many Japanese companies are now reviewing and realigning them, as new trade restrictions pop up amid rising tensions between the US and China. The confrontation between Japan’s US ally, which is its second-largest trading partner, and China, its largest trading partner, is creating a dilemma for many Japanese businesses, especially those that conduct business in both countries. Some are diversifying their supply chains, but given the large size of the Chinese market, experts predict that Japanese companies will continue to conduct business in China to serve Chinese consumers.After building global supply chains over the past several decades, many Japanese companies are now reviewing and realigning them, as new trade restrictions pop up amid rising tensions between the US and China....

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