Keizai Doyukai, Secretary-General Sakurada "Need to review corporate strategy due to US-China conflict" September 29, 17:40

Regarding the fact that the tightening of regulations on Chinese companies such as Huawei by the U.S. government has affected Japanese companies, Mr. Sakurada, the secretary-general of the Keizai Doyukai, said at a meeting on the 29th that the conflict between the United States and China was long Based on this, he acknowledged that it is necessary to review the corporate strategy.

On the 15th, the US government introduced regulations to completely stop the supply of semiconductors to Chinese telecommunications equipment giant Huawei, and Japanese semiconductor manufacturers also stopped shipping, and the impact is spreading to Japanese companies.



At a regular press conference on the 29th, Keizai Doyukai's secretary-general, "We assume that the division between the United States and China and the battle for hegemony will continue in units of 10 to 20 years. What will Japan do more than ever? I think there is a need for it. "



On top of that, regarding the future response of Japanese companies, "We must consider strategies from the perspective of economic security. I think that each company is thinking about how to deal with China, but more than ever. It may be difficult to lean toward China, "he said, recognizing that it is necessary to review the corporate strategy in light of the long-term conflict between the United States and China.