Japan is Paying its Own Companies to Leave China

[shockshiok]

https://indianexpress.com/article/w...million-for-companies-to-leave-china-6512835/

Japan to pay at least $536 million for companies to leave China
Japan’s government will start paying its companies to move factories out of China and back home or to Southeast Asia, as part of a new program to secure supply chains and reduce dependence on manufacturing in China.

• By: Bloomberg | Updated: July 21, 2020 12:47:38 am

Japan’s government will start paying its companies to move factories out of China and back home or to Southeast Asia, part of a new program to secure supply chains and reduce dependence on manufacturing in China.

Fifty-seven companies including privately-held facemask-maker Iris Ohyama Inc. and Sharp Corp. will receive a total of 57.4 billion yen ($536 million) in subsidies from the government, the Ministry of Economy, Trade and Industry said Friday. Another 30 firms will receive money to move manufacturing to Vietnam, Myanmar, Thailand and other Southeast Asian nations, according to a separate announcement, which didn’t provide details on the amount of compensation.

The government will pay a total of 70 billion yen in this round, the Nikkei newspaper reported. The payments come from 243.5 billion yen that the government earmarked in April to reduce reliance on Chinese supply chains, with the money aimed at helping companies shift factories back home or to other nations.


As U.S.-China relations deteriorate and the trade war worsens, there’s been increasing discussions in the U.S. and elsewhere about how to “decouple” economies and firms from China. Japan’s decision is similar to a Taiwanese policy in 2019, which was aimed at bringing investment back home from China. So far, no other country has enacted a concrete policy to encourage the shift.

China is Japan’s biggest trading partner under normal circumstances and Japanese companies have massive investments there. The outbreak of the coronavirus pandemic has damaged those economic ties as well as China’s image in Japan. The government of Prime Minister Shinzo Abe has been trying for years to improve relaations with China after anti-Japan riots in 2012, but the fallout from the pandemic and the ongoing territorial dispute over islands and gas fields in the East China Sea have undercut those efforts.

 

[gingerlyn]

Many countries are decoupling from China and they are successful to do so.

 

[nightsafari]

https://indianexpress.com/article/w...million-for-companies-to-leave-china-6512835/

Japan to pay at least $536 million for companies to leave China
Japan’s government will start paying its companies to move factories out of China and back home or to Southeast Asia, as part of a new program to secure supply chains and reduce dependence on manufacturing in China.

• By: Bloomberg | Updated: July 21, 2020 12:47:38 am

Japan’s government will start paying its companies to move factories out of China and back home or to Southeast Asia, part of a new program to secure supply chains and reduce dependence on manufacturing in China.

Fifty-seven companies including privately-held facemask-maker Iris Ohyama Inc. and Sharp Corp. will receive a total of 57.4 billion yen ($536 million) in subsidies from the government, the Ministry of Economy, Trade and Industry said Friday. Another 30 firms will receive money to move manufacturing to Vietnam, Myanmar, Thailand and other Southeast Asian nations, according to a separate announcement, which didn’t provide details on the amount of compensation.

The government will pay a total of 70 billion yen in this round, the Nikkei newspaper reported. The payments come from 243.5 billion yen that the government earmarked in April to reduce reliance on Chinese supply chains, with the money aimed at helping companies shift factories back home or to other nations.


As U.S.-China relations deteriorate and the trade war worsens, there’s been increasing discussions in the U.S. and elsewhere about how to “decouple” economies and firms from China. Japan’s decision is similar to a Taiwanese policy in 2019, which was aimed at bringing investment back home from China. So far, no other country has enacted a concrete policy to encourage the shift.

China is Japan’s biggest trading partner under normal circumstances and Japanese companies have massive investments there. The outbreak of the coronavirus pandemic has damaged those economic ties as well as China’s image in Japan. The government of Prime Minister Shinzo Abe has been trying for years to improve relaations with China after anti-Japan riots in 2012, but the fallout from the pandemic and the ongoing territorial dispute over islands and gas fields in the East China Sea have undercut those efforts.

I really miss made in Japan quality for all my consumer goods....

 

[syed putra]

I really miss made in Japan quality for all my consumer goods....

With automation, its coming back.
Casio cost of manufacturing watches in thailand and japan is now the same. But due to made in japan label, they can sell at a premium and consumers willing to pay.

Those leaving China, some are returning back to jspan and not go elsewhere.

 

[frenchbriefs]

I really miss made in Japan quality for all my consumer goods....

Not sure what ur talking,there's more and more Japanese oriented shops nowadays,don don doki and that Jap shop and muji.....u can enjoy the Jap quality if u are willing to pay the chop carrot prices.

 

[syed putra]

Not sure what ur talking,there's more and more Japanese oriented shops nowadays,don don doki and that Jap shop and muji.....u can enjoy the Jap quality if u are willing to pay the chop carrot prices.

Most of those products sold there are not from japan.

 

[Leongsam]

China is well and truly fucked. Serves them right.

 

[tobelightlight]

I love Japan even more now. I, myself, is not a fan of China.

 

[nightsafari]

Not sure what ur talking,there's more and more Japanese oriented shops nowadays,don don doki and that Jap shop and muji.....u can enjoy the Jap quality if u are willing to pay the chop carrot prices.

sorry. took too many shortcuts writing that. consumer durables. toyotas made in japan. sony walkmans. japanese vcrs, clocks that didn't need adjusting every 6 months. you can be sure that when you bought it it was worth it's price. Now the only thing similar is Apple products. either pay too much or get crap.


Muji is fancy ass basic goods. Don don donki is a whole bunch of misc. I don't even know what it is.

 

[tobelightlight]

Most of those products sold there are not from japan.

tokyu hands are from japan.. best quality. don don doki is from japan too but some of their product are not from japan, most are..

 

[frenchbriefs]

Most of those products sold there are not from japan.

The food products are still made in Japan.

 

[poore]

i totally agree

 

[laksaboy]

$536 million is a small price compared to what they will lose by continuing to set up shop in China.

 

[Peiweh]

We have to thank the Japanese for their fine taste and intelligence. Japan no doubt will only benefit from their wise decision to turn their backs on the PRCs.

Last time I went to Japan I was ASTOUNDED how all the Japanese people DID NOT jump off the plane when the seat belt sign was turned off! They are literally the only people who actually listen to the announcements and don't move. No one else does that! And when the train was 2 minutes late they apologized! Said it wont happened again! These people have class.

 

[nightsafari]

We have to thank the Japanese for their fine taste and intelligence. Japan no doubt will only benefit from their wise decision to turn their backs on the PRCs.

Last time I went to Japan I was ASTOUNDED how all the Japanese people DID NOT jump off the plane when the seat belt sign was turned off! They are literally the only people who actually listen to the announcements and don't move. No one else does that! And when the train was 2 minutes late they apologized! Said it wont happened again! These people have class.

View attachment 87470

Tiongsters actually have a saying which makes fun of Japan and Korea and their "backwardness" with the following observation :

If you want to see Tang China, go to Japan. If you want to see Ming China go to Korea. Both are supposed to be backward losers, but are highpoints in Chinese history.

It should be further noted that Tang China(Japan) was the last dynasty that was pure Chinese. The following Yuan were the Mongols. The Ming(Korea) were the next to last dynasty and the last Chinese-led one. The very last one that followed were the Qing a bunch of Manchu farmers.

Read another way. Chinese in China in it's present day are a whole bunch of half-breeds with a bastardized culture trying vainly to follow some fucked-up, never worked a day in his life, Jew's idea on how to be a country.

 

[frenchbriefs]

Tiongsters actually have a saying which makes fun of Japan and Korea and their "backwardness" with the following observation :

If you want to see Tang China, go to Japan. If you want to see Ming China go to Korea. Both are supposed to be backward losers, but are highpoints in Chinese history.

It should be further noted that Tang China(Japan) was the last dynasty that was pure Chinese. The following Yuan were the Mongols. The Ming(Korea) were the next to last dynasty and the last Chinese-led one. The very last one that followed were the Qing a bunch of Manchu farmers.

Read another way. Chinese in China in it's present day are a whole bunch of half-breeds with a bastardized culture trying vainly to follow some fucked-up, never worked a day in his life, Jew's idea on how to be a country.

How are the Chinese half breeds?u mean a Mongol population of 3 million is enough to make an impact on China population?

If anything Koreans and Japs are half breeds considering 30 percent of their gene pool comes from China and 30 percent from Korea which came from China.


And I believe the Mongol or Manchu got assimilated into the tiong culture or sinocized like they say,hell everybody got sinocized,even us the southern Chinese.

 

[nightsafari]

How are the Chinese half breeds?u mean a Mongol population of 3 million is enough to make an impact on China population?

If anything Koreans and Japs are half breeds considering 30 percent of their gene pool comes from China and 30 percent from Korea which came from China.


And I believe the Mongol or Manchu got assimilated into the tiong culture or sinocized like they say,hell everybody got sinocized,even us the southern Chinese.

Let's try this. You know Beijing? Capital of China?

from wikipedia :

When Kublai Khan made Dadu the capital of the Mongol-led Yuan dynasty (1279–1368), all of China was ruled from Beijing for the first time. From 1279 onward, with the exception of two interludes from 1368 to 1420 and 1928 to 1949, Beijing would remain as China's capital, serving as the seat of power for the Ming dynasty (1421–1644), the Manchu-led Qing dynasty (1644–1912), the early Republic of China (1912–1928) and now the People's Republic of China (1949–present).


Prior to it's sinicization, it was also known as Khanbaliq. It was the Ming's who renamed it to Beiping. So first of all, the political centre of China is a Mongolian horse and cow watering town. Did you never wonder why the capital city and the centre of an Empire is at an oddly shaped appendage that just happens to be as close as possible to and surrounded by people the Great Wall of China was supposed to keep out?

How about 8% directly descended from Genghis Khan himself? Enough to qualify or not?


from nat geo:

GENGHIS KHAN, THE fearsome Mongolian warrior of the 13th century, may have done more than rule the largest empire in the world; according to a recently published genetic study, he may have helped populate it too.
An international group of geneticists studying Y-chromosome data have found that nearly 8 percent of the men living in the region of the former Mongol empire carry y-chromosomes that are nearly identical.

so basically, Northern Chinese can be summarized as women who got raped by Mongolians and included into Genghis Khan's harem and the men become Mongol toadies. Don't forget he's now the ruler of an empire whose word is absolute law. That's why their haplogroup map looks different from Southern Chinese. He never bothered to invade Fujian or Guangdong. He stopped in Hubei because by then he was undisputed ruler thanks to aid and assitance of Muslim artillery. Hence Southern Chinese retain some of their traditional and uncontaminated languages (and DNA) simply because there was no Mongol horde ravaging their people.


and this is his reply to the greatest pleasure of life :

"The greatest pleasure is to vanquish your enemies and chase them before you, to rob them of their wealth and see those dear to them bathed in tears, to ride their horses and clasp to your bosom their wives and daughters," -- Genghis Khan

you can slowly take the time and enjoy reading a fuller version here :
https://www.dailymail.co.uk/news/article-456789/Genghis-Khan-The-daddy-lovers.html


He was very efficient at impregnating women and he encouraged his Mongol horde to do the same. Not that they needed any encouragement...

As for Southern Chinese being sinicized, it's true. Southern extremities of China were not 100% Chinese. But that was far earlier in the game. They became sinicized. And this is the gene pool / people that sinkieland comes from. But they were not Mongolized genetically nor culturally as Northern and plains China was. As to your argument that Mongolians got assimilated, that's true too, but genetically they still retain unique markers that distinguish themselves as Mongolians and not Han Chinese. So if you will, they became chopstick using Mongols. If that alone qualifies, then why not Middle Easterners who speak Chinese and follow Chinese culture?

Anyway I hope that info helps. If not, I can go digging around for more.

 

[mahjongking]

the world was at peace when china never opened up yet, makes sense for them to isolate themselves again,
everyone including themselves will be happier....

 

[laksaboy]

Tiongs can become street hawkers easily, even if those companies and factories leave.

 

[tiongsrshit]

japs will never regret their decision. must all move outside tiongland for safety