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~ China’s gross domestic product (GDP) for the January-to-March 2021 quarter grew by a whopping 18.3% over the corresponding period in 2020, the National Bureau of Statistics of China (NBS) announced on April 16. The pickup in China’s economy has been a tailwind for Japanese companies that export to China or have manufacturing bases there. However, a new risk has emerged revolving around the abuse of human rights in the Xinjiang Uyghur Autonomous Region. Japanese companies say they will take a firm stance in suspending business relations with business partners that are found to be forcing Uyghurs to work. On the other hand, there has been concern over Chinese threats to retaliate with boycotts against Japanese goods, which has put the companies in a tough position.

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