Japanese manufacturers have started to move production out of China as it is feared the deadly coronavirus outbreak could prolong plant closures in the country and wreak havoc on supply chains.Reallocating production outside of China means a temporary surge in costs and is not an easy decision to make, but some companies cannot afford to wait until the crisis is contained, analysts said.Japanese companies still have extensive manufacturing operations in China, though increased labor costs and the trade rift between Beijing and Washington have already led some of them to shift production out…READ FULL ARTICLE
