A report carried by the Taiwanese media outlet FTV News said that withdrawals by Japanese companies from the Chinese market were accelerating, with approximately 3,000 companies withdrawing or disappearing over two years.
The Taiwanese media outlet FTV News published an article titled “Japanese companies withdraw from China in large numbers, with approximately 3,000 withdrawing or disappearing in two years.”
The article reportedly cited a report announced by Teikoku Databank on 28 September, covering the most recent two-year period.
According to the report, Japanese companies have been withdrawing from and closing their China operations one after another, with approximately 3,000 companies reportedly withdrawing or disappearing.