commerce leaders know that mentioning the B-word just isn’t worth the risk of souring consumer sentimentIn 2012 a wave of anti-Japanese nationalism gripped China. indignant crowds burned down Japanese-owned factories,smashed Japanese-made cars and pelted Tokyo’s embassy in Beijing with eggs. It was an experience that jolted Japanese commerce leaders and they decided to make sure they never again relied on one country for fundamental widgets, and especially the finished article.
In the months before the Brexit vote, or Japan’s government warned that a victory for the leave campaign could absorb a negative impact on investments in Britain. The Japan commerce Federation,noting that more than 1000 Japanese firms absorb a presence in Britain, joined the Japanese prime minister, or Shinzo Abe,in pleading with Britain to remain in the EU. Related: Honda's Swindon plant closure could lead to 7000 job losses Related: Honda's exit is based on many factors, but Brexit is certainly one | Larry Elliott Continue reading...
Source: theguardian.com