Image 01 Image 03

Japan Tag

Japan is offering financial incentives to its companies willing to divest from China. Tokyo has "offered a group of 87 companies subsidies totaling US$653 million to expand production at home and in Southeast Asia," Hong Kong newspaper the South China Morning Post reported on Wednesday. China is getting increasingly worried "as Japan bankrolls exodus of firms," the daily added. 

Japanese Prime Minister Shinzo Abe is meeting with President Trump at in Mar-a-Lago, with trade and North Korea being two of the key topics the leaders will discuss.
Abe is set to arrive Tuesday at Trump’s winter resort in Palm Beach, Fla., for two days of meetings as concerns mount in Tokyo that Trump’s risky diplomatic gambit with Kim Jong Un could undermine Japan’s security. Abe also was blindsided by Trump’s decision not to grant Japan a waiver on new steel and aluminum tariffs, as he did for other U.S. allies and partners.