Report: Japan to build 'economic security' channel to counter China


Source: newsbreak.com newsbreak.com

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May 3 (UPI) -- Japan is to build an "economic security channel" that could prevent Japanese technology and intellectual property leaks that benefit China, according to a Japanese press report. The Nikkei reported Monday the Japanese government is discussing the issue of economic security with input from the economic ministry and major industrial associations, including Japan's Keidanren, a group that includes more than 1,300 companies as members. Tokyo is assembling a strategy to counter threats from China because of recent events. According to the Nikkei, China has "influenced foreign policy and business activities" among trading partners, using economic means. The...