Hundreds of major Japanese and Taiwanese corporations rush to exit China

Hundreds of major Japanese and Taiwanese corporations rush to exit China

32 Comments

  1. Those companies decide to stay in China all subscribe to SLAVERY! The CCP is “driving” out foreign business and investors. Easy to understand.

  2. Really? Can you just name 20 of them that are leaving China, beside those you have mentioned above. No need to name hundreds of them. Just 20 is enough.

    Oh btw due to unprofitable operations and fierce price competition in China, Nippon Steel has chosen to redirect its management resources. The company is now focusing on the US and India. Stiff competition from Chinese automakers is forcing Japanese firms — among the biggest buyers of steel sheets — to cut production and staffing or, in the case of Mitsubishi Motors Corp., pull out altogether. Which means it's not Baosteel infringing Nippon Steel's patents on electromagnetic steel sheet technology. Which also means STOP TWISTING YOUR WORDS AKA STOP LYING.

  3. As for Shiseido, currently, the brand still has 16 SKUs available in its Tmall official flagship store, with product prices ranging from 240 to 890 yuan. The best-selling product is the Baum hand cream, with over 1,000 units sold.

    According to Shiseido’s first-quarter financial report, Shiseido’s net sales amounted to 249.453 billion yen ($1.55 billion), a year-on-year increase of 3.9%. Among them, the net sales in the Chinese market were 55.475 billion yen ($343.8 million) in the first quarter, a year-on-year increase of 4.2%. Shiseido stated that while CPB and NARS achieved stable growth in the Chinese market, consumer willingness to purchase Japanese products declined due to the nuclear wastewater discharge incident, causing Shiseido to experience negative growth again. 

    Conclusion: STOP TWISTING THE ACTUAL FACTS. STOP LYING.

  4. I used to take China Air with a layover in China but now I refuse to take any China-based airline. It’s interesting that China Air’s layover are now mostly Taiwan.