Japan Inc. learns to become less reliant on China

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Hong Kong businesses are increasingly turning to Saudi Arabia as their top choice for supply chain diversification amid changing trade conditions, according to an HSBC survey. Nearly a fifth of Hong Kong businesses identified Saudi Arabia as their preferred market to expand production, followed by mainland China at 14 per cent, according to the survey released on Thursday. Interest was strongest among technology, media and telecommunications firms. Favourable policies bolstered the trend, the… Source link India News 2 CPI(M) workers get 20 years in… IIT Kharagpur unveils ‘Impact… Mekedatu dam project: a… Centre Informs Supreme Court Of… Stock Market…