China creates the bankruptcy of 110 Japanese companies in China, China economy collapse
China creates the bankruptcy of 110 Japanese companies in China, China economy collapse, chinaeconomycollapse About 110 Japanese firms went bankrupt in China last year, a research report said, highlighting challenges in doing business in the worlds second largest economy. A new report by Tokyo Shoko Research showed that 110 Japanese companies went bankrupt last year citing the challenges of doing business in China, or China risk, the Hong Kongbased South China Morning Post reported. A combination of increasing production costs and heightened political tensions, were cited as some of the reasons. It was an increase from 101 firms the previous year and the highest number since Tokyo Shoko Research began the annual survey in 2014, the report said.
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