<story><title>Japan to fund firms to shift production out of China</title><url>https://www.bloomberg.com/news/articles/2020-04-08/japan-to-fund-firms-to-shift-production-out-of-china</url></story><parent_chain><item><author>tren-hard</author><text>So Japanese companies move operations to China because it&amp;#x27;s cheaper, leaving Japanese jobs behinds. Those businesses profit from cheap labor, emissions, and materials. Now Japan is subsidizing their return to Japan with $2.2 billion.&lt;p&gt;I really hope the US doesn&amp;#x27;t adopt this (narrator: they will). It&amp;#x27;s a slap in the face to tax payers.</text></item></parent_chain><comment><author>tanilama</author><text>Moving back to Japan is particularly not appealing anyway, Japan is having a severe labor shortage due to rabidly aging population.&lt;p&gt;And 2.2B is surely not enough to persuade firms anyway on national scale, might work on targeted industry however.</text></comment>
<story><title>Japan to fund firms to shift production out of China</title><url>https://www.bloomberg.com/news/articles/2020-04-08/japan-to-fund-firms-to-shift-production-out-of-china</url></story><parent_chain><item><author>tren-hard</author><text>So Japanese companies move operations to China because it&amp;#x27;s cheaper, leaving Japanese jobs behinds. Those businesses profit from cheap labor, emissions, and materials. Now Japan is subsidizing their return to Japan with $2.2 billion.&lt;p&gt;I really hope the US doesn&amp;#x27;t adopt this (narrator: they will). It&amp;#x27;s a slap in the face to tax payers.</text></item></parent_chain><comment><author>ShinTakuya</author><text>While I agree in part that it&amp;#x27;s not fair, I would argue against the idea that jobs were lost in Japan. Maybe temporarily lost, but in the end economically you end up finding another way to contribute value and be paid. Moreover the companies can&amp;#x27;t be blamed for taking the most profitable route. It&amp;#x27;s up to the governments to regulate.</text></comment>