Japanese printer giants including Brother, Kyocera and Fuji Xerox are already relocating from China to Vietnam. Photo: Shutterstock ImagesJapanese printer giants including Brother, Kyocera and Fuji Xerox are already relocating from China to Vietnam. Photo: Shutterstock Images
Japanese printer giants including Brother, Kyocera and Fuji Xerox are already relocating from China to Vietnam. Photo: Shutterstock Images

China increasingly worried about ‘losing face’ as Japan bankrolls exodus of firms

  • Japan has offered a group of 87 companies subsidies totalling US$653 million to expand production at home and in Southeast Asia
  • The coronavirus pandemic has wreaked havoc on global supply chains, and Japan is officially trying to diversify its supply chains and make them more resilient

Topic |   China economy
Japanese printer giants including Brother, Kyocera and Fuji Xerox are already relocating from China to Vietnam. Photo: Shutterstock ImagesJapanese printer giants including Brother, Kyocera and Fuji Xerox are already relocating from China to Vietnam. Photo: Shutterstock Images
Japanese printer giants including Brother, Kyocera and Fuji Xerox are already relocating from China to Vietnam. Photo: Shutterstock Images
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