Japan-U.S. to boost economic cooperation, eying China


Source: yomiuri.co.jp yomiuri.co.jp

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Japan-U.S. to boost economic cooperation, eying China 1:00 JST, August 1, 2022 WASHINGTON — The Japanese and U.S. governments have clarified their intent to strengthen economic security through close cooperation to counter China’s rising military and economic power, and prepare for a possible emergency in Taiwan. Economy, Trade and Industry Minister Koichi Hagiuda stressed the importance of next-generation semiconductors in particular at a press conference following the meeting of the Japan-U.S. Economic Policy Consultative Committee in Washington on Friday. “The most important area for Japan-U.S. cooperation is the development of next-generation semiconductor technology, which will determine who has the competitive...