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

Japan expands 'China exit' subsidies for moves to Southeast Asia

Prime Minister Suga to announce plan during ASEAN tour in first official trip

A Vingroup factory outside Hanoi. Japan hopes to encourage manufacturers to add capacity in Southeast Asia without pulling out of China entirely.   © Reuters

TOKYO -- Japan will significantly ramp up a program encouraging businesses to build production sites in Southeast Asia to diversify supply chains that are too dependent on China.

Sponsored Content

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

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