TOKYO -- The number of Japanese companies operating in China has fallen by about 2% from three years ago, a new survey shows, suggesting the slowing Chinese economy and the Beijing-Washington trade conflict are prompting businesses to re-evaluate their strategies.
Business trends
Retailers lead gradual Japanese retreat from China
Overall Japan Inc presence shrinks 2% in three years as trade war persists
Japanese variety store chain Loft plans to open its first Chinese outlet inside this Ito-Yokado supermarket in Chengdu, but many other retailers are pulling out of the country.
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