Ja­pan firms shun­ning China as over­seas pro­duc­tion base

China Daily (Hong Kong) - - BUSINESSDIGEST -

China no longer is the most pop­u­lar over­seas pro­duc­tion site for Ja­panese com­pa­nies, as ris­ing la­bor costs and wors­en­ing ties be­tween Ja­pan and China have hurt the coun­try’s ap­peal, said a sur­vey of firms by the Ja­pan Bank of In­ter­na­tional Co­op­er­a­tion. Al­though China had topped the sur­vey since it was started in 1992, it fell to fourth this year af­ter In­done­sia, In­dia and Thai­land. Cov­ered in the sur­vey were 625 Ja­panese man­u­fac­tur­ers with three or more over­seas af­fil­i­ates, in­clud­ing at least one pro­duc­tion base out­side of Ja­pan.

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