After Japanese air-conditioning giant Daikin and technology giant Sony left China, Japanese media reported that Mitsubishi Motors may cease production in China. In recent years, Japanese companies have left China one after another. Experts believe that as geopolitical tensions intensify, the”political cold yet economic hot” relations between Japan and China will change. Japan’s key supply chains will gradually separate from China, derisking in the short term and decoupling from China in the long term. Mitsubishi Motors has been reported that it may end its car production in China and is discussing exiting with local joint venture partner Guangzhou Automobile Group (GAC). Mitsubishi Motors responded that the company is “discussing future plans” with the shareholders of the joint venture, and “no decision has been made yet.”...Read more https://www.theepochtimes.com/world/japanese-companies-are-leaving-china-to-de-risk-5501665