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Japanese companies focus on supply chains, amid rising US-China trade tensions
14 April 2023 00:00
The trade confrontation between the US and China is reverberating in Japan, where businesses are facing a flurry of regulations imposed as a result of the growing tension between the two powers. It’s a particularly complex issue for Japan, given that China is the country’s largest trading partner and the US its second-largest. The geopolitical concerns have prompted some Japanese businesses to diversify their supply chains; however, given the size of the Chinese market, Japanese companies aren’t expected to walk away from China any time soon.
10 April 2023 03:15 by Sachiko SakamakiAfter 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.
James Panichi Senior Editor, Asia Pacific
James, an Australian journalist with over 25 years’ experience in print and electronic media, helps to oversee MLex’s coverage of regulatory risk in Asia, with special attention to Australia and New Zealand. In 2016, James was appointed as MLex’s managing editor for continental Europe, overseeing the Brussels bureau’s coverage of EU regulatory affairs and managing a team of 16 journalists in Brussels and Geneva. Previously James worked for the European Voice newspaper, before joining the... Read more
Sachiko Sakamaki Senior Correspondent, Tokyo
Sachiko covers antitrust, mergers and acquisitions, privacy and data security, as well as patent disputes related to connected cars. She has an undergraduate degree from Waseda University in Tokyo and a master's degree in communications from United States International (now Alliant International) University in California. She previously worked as a journalist for Time magazine, the Far Eastern Economic Review, Bloomberg News, and the Washington Post in Japan.