• Kyodo

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Over 40% of Japanese companies the government recognizes as possessing sensitive technology linked to security are considering, or have already started, shifting their manufacturing bases and sources of parts supplies from China in a bid to diversify their supply chains, a Kyodo News survey found Tuesday.

The move to reduce their reliance on Beijing and mitigate security risks comes in response to rising U.S.-China competition over technological supremacy and concerns about potential concentration of medical production in China amid a shortage of medical supplies propelled by the novel coronavirus pandemic.

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