On Wednesday, Japanese newspaper Sankei reported that automaker Honda is contemplating establishing a parallel provide chain outdoors of China to cut back its dependence on the nation. Forty p.c of the automaker’s manufacturing is presently completed in China. A Honda spokesperson referred to as the plan “hedging” in a press release to Reuters, however mentioned it was “not fairly the identical” as decoupling. Japanese automaker Mazda can also be contemplating shifting manufacturing out of China. Earlier this month, the corporate reported an working lack of $115 million for the earlier quarter as a consequence of China’s manufacturing disruptions that triggered...