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France looks to ASEAN for non-China supply chain: trade minister

Diversification of production necessary to reduce dependence on China, says Becht

French Trade Minister Olivier Becht says Japanese companies will benefit economically by investing in France. (Photo courtesy of French Foreign Ministry)

PARIS -- France will encourage companies to diversify their operating hubs to locations in Southeast Asia and elsewhere in a bid to lower the supply chain's exposure to China, French Trade Minister Olivier Becht told Nikkei.

"For de-risking, it's necessary to reduce the dependence on China" when it comes to production and procurement, Becht said.

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