Bangla Hunt Desk: China is going through one shock after another. After India, this time Japan is also preparing to strike in China. The Japanese government has said that if a Japanese company wants to leave China and go to India to set up a manufacturing unit, the Japanese government will provide financial support. Note that Japan no longer wants to depend on China for raw materials. And this is why the Japanese government has taken this decision.
Japan & # 039; s Ministry of Economy, Trade and Industry will provide subsidies to Japanese manufacturers which shift their manufacturing from China to ASEAN countries. It will add India and Bangladesh to the list of relocation destinations: Japanese media
– ANI ()ANI) September 4, 2020
Japan has decided to manufacture its products in Asian countries instead of China. At the same time, Japan has chosen India and Bangladesh to shock China. Japanese companies in India and Bangladesh will now be able to create their own products instead of China. And for this, the Japanese government will provide financial support to the companies.
The Japanese ministry said it was financing manufacturing hubs leaving China for India. The Ministry has specially selected India and Bangladesh for this purpose. In June, the Japanese government announced that it would provide financial assistance to companies leaving China for India. The Japanese government had identified 30 companies that left China for India to provide financial assistance. But this time, the country of the rising sun has given a big shock to China and made the list of company names bigger.
The Japanese government has provided সাব 221 million in subsidies to companies from the 2020 budget, with companies going to India from China receiving a share of the money. This time the Japanese government has increased the amount of subsidy. Incidentally, the Japanese government has taken this decision to educate China and reduce China's growing influence in Asia.