Story perspectives

Canon Closes Plant Amid Tensions, 1,600 Jobs Impacted

12/5/2025

Summary

Story summary

Canon's printer plant in Zhongshan, Guangdong, closed on November 28, affecting 1,600 workers.
The closure follows strained China-Japan relations after Prime Minister Sanae Takaichi's Taiwan remarks, with China halting seafood imports from Japan.
Toyota and Sony have postponed trips to China, contributing to a wave of firm exits, especially in Shandong and Shanghai.
Japan's foreign direct investment in China rose 55% in early November, suggesting continued interest despite departures.

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Story summary

Canon's printer plant in Zhongshan, Guangdong, closed on November 28, affecting 1,600 workers.
The closure follows strained China-Japan relations after Prime Minister Sanae Takaichi's Taiwan remarks, with China halting seafood imports from Japan.
Toyota and Sony have postponed trips to China, contributing to a wave of firm exits, especially in Shandong and Shanghai.
Japan's foreign direct investment in China rose 55% in early November, suggesting continued interest despite departures.