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Stacked odds: A decoupling world should be pulling apart Asia's two biggest economies. Instead, Japan is leaning even more heavily into China.   © Nikkei illustration
The Big Story

Decoupling denied: Japan Inc. lays its bets on China

US-China trade rift creates havoc and opportunity for Asia's economic giants

MITSURU OBE, Nikkei staff writer | Japan

TOKYO -- In 1978, when Chinese leader Deng Xiaoping visited a factory belonging to what is now Panasonic Corp. in Osaka, he made Chairman Konosuke Matsushita an offer he couldn't refuse.

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