TOKYO -- Panasonic is expanding its presence in the vast Chinese market through an ethos of "constant change" -- the same approach it taught China 40 years ago, but now it is the Japanese company learning from its former pupil.
The electronics giant is building a new plant to manufacture home appliances in China, the company's first such investment in 16 years, bucking the growing trend among global manufacturers to shift production out of China amid a bitter trade war with the U.S.
