ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business trends

Japanese companies drop Hong Kong expansions as clashes bite

Shiseido and others look to mainland China for growth amid unrest

TOKYO -- Japanese businesses in Hong Kong are scaling down operations there as protests continue and clashes with police intensify, leading some companies to shift their focus to other parts of China.

Following escalation of the unrest, as police fired guns and laid siege to a university campus, one in three of the 270 Japanese companies in Hong Kong are considering sending the families of Japanese expats home, according to a survey conducted by the Hong Kong Japanese Chamber of Commerce and Industry as of late November. Of the companies, 1.1% have already decided to return their Japanese employees home, and 8.9% are considering doing so.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more