Mac-7
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- Oct 9, 2019
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The Japanese government has allocated billions of dollars in a stimulus package to help manufacturers move production out of China and into other countries.
The stimulus package, which is to offset the financial hit of the coronavirus, includes 220 billion yen, or $2.2 billion, for companies shifting production from China back to Japan, and 23.5 billion yen for companies to shift to other nations, according to Bloomberg.
www.washingtonexaminer.com
This is a positive development that hopefully will spread to other nations doing business in china
The stimulus package, which is to offset the financial hit of the coronavirus, includes 220 billion yen, or $2.2 billion, for companies shifting production from China back to Japan, and 23.5 billion yen for companies to shift to other nations, according to Bloomberg.
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Japan allocates billions to pay manufacturing firms to leave China - Washington Examiner
The Japanese government has allocated billions of dollars in a stimulus package to help manufacturers move production out of China and into other countries.The stimulus package, which is to offset the financial hit of the coronavirus, includes 220 billion yen, or $2.2 billion, for companies...
![www.washingtonexaminer.com](https://www.washingtonexaminer.com/wp-content/uploads/2023/11/cropped-favicon-32x32.png)
This is a positive development that hopefully will spread to other nations doing business in china