Uniqlo won't choose between U.S. and China, CEO says

Yanai says Japanese companies must look abroad because home market has no future

20211229N Yanai via Fast Retailing

Fast Retailing CEO Tadashi Yanai spoke with Nikkei about U.S.-China tensions and how companies can navigate them. (Photo courtesy of Fast Retailing)

KEIICHI FURUKAWA, Nikkei staff writer

TOKYO -- Uniqlo will not take sides in the simmering tensions between the U.S. and China, says the CEO of the Japanese casualwear chain's operator, Fast Retailing.

"The U.S. approach is to force companies to show their allegiance. I wanted to show that I won't play that game," Tadashi Yanai told Nikkei recently.

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