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Politics

Japan passes law to bolster supply chains amid Russia, China fears

Economic security bill also sets framework for sensitive technologies

Japan's Diet passes a bill that will boost economic security. (Photo by Uichiro Kasai).

TOKYO (Kyodo) -- Japan's House of Councillors on Wednesday enacted into law a bill for enhancing the country's economic security amid increasing geopolitical risks associated with Russia and China.

The four pillars of the new law include strengthening supply chains to stably procure semiconductors and other vital products as well as facilitating the development of artificial intelligence and other cutting-edge technologies through public-private cooperation.

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