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Japanese firms reduce China presence to lowest since 2010

Japanese companies are reducing their presence in China due to geopolitical tensions and shifts in supply chains. A recent survey by Teikoku Databank revealed that the number of Japanese enterprises in China has fallen to its lowest point since 2010, with over 4,000 companies having withdrawn or become unaccounted for since the last survey. The number of new Japanese entrants has also decreased, falling below levels seen during the COVID-19 pandemic. AI

RANK_REASON Significant shift in international business presence driven by geopolitical and supply chain factors. [lever_c_demoted from significant: ic=1 ai=0.1]

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Japanese firms reduce China presence to lowest since 2010

COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Ralph Jennings ·

    Japanese firms pull back from China amid geopolitical tensions, supply chain shifts

    The number of Japanese companies operating in China has fallen nearly 30 per cent since its peak in 2012 and is down 22 per cent over the past two years, according to a survey conducted amid prolonged political tensions between Beijing and Tokyo. As of June, 10,118 Japanese enter…