TOKYO -- The Japanese government has seen an overwhelming surge of interest in subsidies to bring manufacturing back as the coronavirus pandemic highlights the risk of having supply chains concentrated in a single region, particularly China.
Economy
Japan companies line up for 'China exit' subsidies to come home
Applications swell to 11 times the budget as pandemic spurs diversification drive
A textile factory in the Chinese city of Qingdao, Shandong Province. Many Japanese textile companies applied for the government's relocation subsidies in the first round. © Reuters
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