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.
Britain's Prime Minister Boris Johnson wants the United States to lead an international alliance to build a 5G telecommunications network overcoming the West's dependence on China. "The government has approached Washington about a 'D10' club of democratic partners, based on the G7 plus Australia, South Korea and India," British newspaper The Times reported Friday.
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