News Snapshot:
TOKYO: Hitoshi Ito, vice-president of Toko Tekko, a drone maker based in Odate, Akita Prefecture, spends his days with a sense of uneasiness. He cannot dispel concerns about an economic security bill Prime Minister Fumio Kishida’s administration is moving ahead with. “I’m afraid the new bill, which focuses on supply chains with China, will have a significant impact on our business,” he said. He is not alone. Across corporate Japan, alarm bells are ringing about the legislation’s potential to excessively restrict business relations with China on security grounds. So far, the parts of the bill that have been leaked are...
