Posted on 04/09/2020 9:14:31 AM PDT by caww
Japan is willing to fund its companies to shift manufacturing operations out of China as the disruptions caused to production by the coronavirus pandemic has forced a rethink of supply chains between the major trading partners.
As part of its economic stimulus package, Japan has earmarked $2.2 billion to help its manufacturers shift production out of China.
The Japanese government’s panel on future investment had last month discussed the need for manufacturing of high-added value products to be shifted back to Japan, and for production of other goods to be diversified across Southeast Asia.
(Excerpt) Read more at news18.com ...
Good start.
The U.S. Should be an emphatic second in line.
Japan has strong leadership and this is as said above, hopefully the first domino of many!
This is the beginning of a war. Whether it’s economic or a hot one. What those Chicoms did is unforgivable.
SMART!
Winning!
Wonderful, Now generalize to Europe and North America
Makes you wonder, if we had just left the Japs alone when they invaded China in the 1930s, how different things might be today.
Would have been no Mao.
The US should follow suit by giving 100% tax credit for construction and equipment cost to companies that come home.
Help to bankrupt China and send their economy into a tailspin. Make everything they produce for export subject to automatic QUARANTINE status for three months. Turn them from “biggest producer” to beggar status.
Japanese don’t think quite like Americans. I highly doubt they allowed any strategic or critical industries to go completely to China.
We should never settle for second. Let's leave a vapor trail zooming to the head of the line!
Newsflash ———- Some states already offer ridiculous tax incentives. Problem is the workforce here is too expensive compared to overseas.
Yes!
There have always been reasons not to have businesses in China. Understatement. NOW, there is another BIG reason not to. Bring them home and start controlling human traffic from that disease pit....
Xi Jinping:
Here’s a sharp stick in your eye, commie bastard!
China chose to play their war games on the World Stage deceiving and being deceptive, stealing and robbing from day one.....lurking and hiding their true intentions.
Oh I think they’ll provide a deal companies cannot refuse.
Good move. Time for the Chinese commies to go back into complete isolation.
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