World News@lemmy.worldEnglish · 1 day ago

Japan to resist Trump efforts to form trade bloc against China

www.straitstimes.com

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Japan to resist Trump efforts to form trade bloc against China

www.straitstimes.com

schizoidman@lemm.ee to

World News@lemmy.worldEnglish · 1 day ago

Officials said Japan doesn’t want to get caught up in any US effort to maximise trade pressure on China. Read more at straitstimes.com. Read more at straitstimes.com.

One of the officials added that Japan has conveyed to China on multiple occasions that it does not fully align with the US on chip-related exports and semiconductor restrictions.

In a sign of Japan Inc’s commitment to the China market, Toyota Motor Corp this week agreed to open a new factory in Shanghai in 2027, with the company reportedly planning to invest around US$2 billion (S$2.63 billion) in the plant.

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