It has been over a decade since some Hong Kong manufacturers, responding to the mainland’s sweeping industrial upgrade and sensing rising US-China trade tensions, moved to set up factories overseas. Being nimble paid off, until President Donald Trump launched his barrage of tariffs on US trading partners as part of his “America first” economic plan….
New Delhi: India is a key partner in Japan’s ‘China plus one’ strategy but its global supply chain integration needs to match that of Southeast Asian nations, Takeuchi Takuro, chief representative of the Japan International Co-operation Agency (JICA) in India, said on Thursday. Takuro told Mint in an interview that both the Indian and Japanese…
Meanwhile, China wants to hold a meeting between President Xi Jinping and global CEOs. The planned meeting comes as Beijing tries to stabilise falling foreign investment flows into China in recent years. China is keen for the support of global business leaders, many of whom have invested heavily in the country, as it fends off…