Comments by "Yo2" (@yo2trader539) on "Japan's Giant Yakult Conducts First Mass Layoffs in China, as Wage Cuts and Unemployment Surge" video.

  1. Japanese companies have been diverting investments into Southeast Asia for years. Japanese companies didn't suffer from COVID lock-down in China as much because they already diversified out of China before that. They were far more optimistic and supportive of China up to around the Sichuan earthquake in 2008. But the increasingly hostile policies of Chinese government, and the frequent anti-Japanese riots and political risk, have made them realize that Chinese production facilities can be useful only for domestic Chinese market. As such, Foreign Direct Investment from Japan to China has been on a declining trend for over a decade.
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