Japan and Taiwan Companies Flee China Together! Canon Shuts Factory, Foxconn Lays Off 100,000
Japan and Taiwan Companies Flee China Together! Canon Shuts Factory, Foxconn Lays Off 100,000
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In 2025, geopolitical tensions between China and Japan, along with the strategic rivalry between China and the US, have triggered a wave of Japanese and Taiwanese companies leaving mainland China. On November 21, Canon’s sudden shutdown of its Zhongshan factory marked a key moment in this trend.
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