FT: Toyota Cuts Production Headed to China

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FT notes today that Toyota is cutting volumes headed into China due to unrest:

 

Toyota Motor is cutting production of vehicles for the Chinese market in a sign of the deepening economic impact of anti-Japanese demonstrations that swept the country this month.

The carmaker’s decision underscores the risk of lasting fallout for businesses from the maritime dispute between Asia’s two largest economies, even as violence in some Chinese cities over the Japanese government’s purchase of the Senkaku islands from their private Japanese owner subsides.”

 

Subscribers can read full piece here:

http://www.ft.com/intl/cms/s/0/4dcc9850-06f4-11e2-92ef-00144feabdc0.html#axzz27Udu5Fdr

 

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