Japan wants manufacturing back, but breaking up supply chains is hard to do

ID 4666139 © Risto Hunt | Dreamstime.com

There are many countries and corporations that have concluded, since the onset of the coronavirus pandemic, that they need to diversify their supply chains, particularly feeling over-reliant on Chinese production. There are, perhaps, few that have felt it so keenly as Japan and its major manufacturers. Prime minister Shinzo Abe has subsequently drawn up a $2bn assistance package to help manufacturers shift production to Japan. But, according to Reuters, it is proving easier said than done, as the Chinese and ...