Closer Look: Why Japanese Firms Are Finding Breaking Up Hard to Do
(Beijing) – Since the start of the Diaoyu Islands dispute between China and Japan in September, Japanese firms operating in China are facing increasing negative sentiment, an economic slowdown, rising labor costs and frequent strikes. A number of Japanese firms have started to think about a withdrawing from the country.
"Japanese companies should learn how to leave China as soon as they enter the country," said Akihiro Maekawa, managing director of CAST Consulting, a Japanese firm that mainly provides services to Japanese companies in China. "They should now review corporate charters just in case."
- Zhang Zhixin: The Woman who took on the 'Gang of Four'
- Growing Pains
- Cathay: Ezra Pound's re-imagination of Chinese Poetry
- The Clash of Titans: A Look Back at the Sino-Indian War
- Talking Time
- Most of World's Synthetic Drugs Made in China, Police Admit
- PetroChina Selling Half of Subsidiary Running Central Asian Pipelines
- Insurance Executive Said to Die in Office Days after Probe Started
- Progress at Universities Requires Outside Help, College President Says
- To Curb Carbon Emissions, Focus on New Consumers on the Move
- Sign up to receive our free daily newsletter
- Wang Jianlin on Why the Wanda Phenomenon Works
- The Real Drivers of China's New Culture Movement
- Chinese Gov't 'Causes an Investment Gap with U.S.'
- Banks' Total Value of Bad Loans Rises for 16th Straight Quarter
- Gov't Announces Plan to Clean Up Rural Areas by 2020
- Closer Look: Why Official Goals for Natural Gas Use Are in Doubt
- With Big TV Deal, China's Pro Soccer League Looks to Score
- Closer Look: Baidu Joins Other Internet Giants to Open a Bank
- Chairman of Securities Firm's HK Subsidiary 'Missing for Six Days'
- China 1945: Mao's Revolution and America's Fateful Choice