Japan Squares Up Against China; Maybe America Should Follow?

China messed everyone up when they didn’t warn us about how serious this virus is right away. We could have been better prepared and perhaps even avoided numerous cases over here. China has tanked our economy, our Stock Market is way down and our economy is struggling. There are now millions out of work to no fault of their own, as their jobs were not considered essential to this pandemic. Japan is feeling a similar sentiment towards China, so much so that their stimulus package went a step further than ours and is actually helping to aide Japanese businesses located in China to relocate back to Japan.

Japan has earmarked US$2.2 billion of its record economic stimulus package to help its manufacturers shift production out of

China, as the coronavirus disrupts supply chains between the major trading partners.
The extra budget, compiled to try to offset the devastating effects of the pandemic, includes 220 billion yen (US$2 billion) for companies shifting production back to Japan and 23.5 billion yen for those seeking to move production to other countries, according to details of the plan posted online.

The move coincides with what should have been a celebration of friendlier ties between the two countries.

Chinese President Xi Jinping was supposed to be on a state visit to Japan early this month. But what would have been the first visit of its sort in a decade was postponed a month ago amid the spread of the novel coronavirus and no new date has been set.

China is Japan’s biggest trading partner under normal circumstances, but imports from China slumped by almost half in February as the disease closed factories, in turn starving Japanese manufacturers of necessary components.

That has renewed talk of Japanese firms reducing their reliance on China as a manufacturing base. The government’s panel on future investment last month discussed the need for manufacturing of high-added value products to be shifted back to Japan, and for production of other goods to be diversified across Southeast Asia.”
China has this coming. They put us all at risk when they didn’t properly warn us or contain the virus. Japan is just acting in its best interest as China is clearly proven they are not the safest place to run a business.

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4 Comments

  • If Japanese companies relocate to Japanese companies relocate back to Japan, they will face a serious hurdle that will not be easy to overcome: the shortage of labor. Japanese demographics are in serious decline, the country’s population will be cut in half in 2050. The Japanese are among the people that earn more per capita in the world so that stimulus might prove ineffective.

  • I believe China played all this just as they wanted it to happen. No way was this an accident. It is part of the Obama/Soros/Bates to turn the USA into part of a one world government.

  • Firmly believe we should pull all our businesses out of China and bring them home. As for Japan, they have the right idea, it is easier to bring them back to Japan and if in the future they need to outsource their companies they can work with the US and other reliable nations who aren’t going to endanger their nation and people. There are plenty of nations that would welcome new businesses that would provide much needed jobs for their citizens and are not going to spread a pandemic. China made its bed now it is time to shake their sheets.

  • Good for Japan, they got balls. Now we need to do the same. It was greed the companies went to China in the first place.

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