Asia Countries

Japan sets aside ¥243.5 billion to help firms shift production out of China

https://www.japantimes.co.jp/news/2020/04/09/business/japan-sets-aside-¥243-5-billion-help-firms-shift-production-china/#.XpSnDEBuLSE

Japan to pay firms to leave China, relocate production elsewhere as part of coronavirus stimulus

  • More than US$2 billion of the country’s record economic stimulus package will be used to help companies move production away from China
  • The move coincides with what should have been a celebration of friendlier ties between the two countries, before the pandemic struck

https://www.scmp.com/news/asia/east-asia/article/3079126/japan-pay-firms-leave-china-relocate-production-elsewhere-part

Japan to Pay Companies to Move Production Out of China

https://www.nationalreview.com/news/japan-to-pay-companies-to-move-production-out-of-china/

Japan’s ATLA Developing Hypersonic Anti-Ship Missile

Japan’s Acquisition, Technology & Logistics Agency (ATLA) started developing a hypersonic guided missile able to attack both ships or ground targets. The missile, qualified as “game changer” by the Japanese Ministry of Defense’s agency, will use scramjet engine technology for propulsion.

Japan teams with 400 companies to cut reliance on China medical goods

40% of generic-drug makers warn that supply chains could fail in six months

Categories: Asia Countries

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