BEIJING -- Panasonic Holdings, Honda Motor and other Japanese companies have found a new way to stay competitive in China's cutthroat market: taking businesses they withdrew from in Japan and developing them globally, utilizing China's unique strengths.
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Panasonic, Honda innovate to survive China's cutthroat market
Japanese companies use country's cost competitiveness to revive flagging businesses
Honda is leveraging China's economies of scale to efficiently produce general-purpose engines in Chongqing. (Photo by Shunsuke Tabeta)
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