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‘Made in China 2025’ More Business Than Threat for Japan

“Made in China 2025” is perceived in the U.S. to be a strategic threat to its economy, but for Japan

‘Made in China 2025’ More Business Than Threat for Japan
China’s President Xi Jinping seen during an event. (Photographer: Dennis Brack/Pool via Bloomberg)
‘Made in China 2025’ More Business Than Threat for Japan

(Bloomberg) -- “Made in China 2025” is perceived in the U.S. to be a strategic threat to its economy, but for Japan, it’s a business opportunity, according to Bloomberg Economics. The industrial overhaul China envisions entails enormous investment in capital goods, such as factory automation and semiconductor-making equipment. These are areas where Japan excels -- and its exports of those products to China have been on a tear -- though there is also the risk that Japan Inc. is setting itself up for disaster in the longer term as a retooled China could be a fierce competitor.

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