💨 Abstract

Japanese companies are reducing investments in China due to intensified competition, particularly in the automotive industry. This has led to declines in capital investments for seven consecutive quarters, with a 16% drop in the April-June period this year. Japanese automakers like Nissan and Honda are closing factories in China and reducing capacity, affecting related businesses. Other companies like Alpha and Fujikura are consolidating or closing production facilities.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖