Wake Up Call: Toyota's record profit

The ongoing shortage of semiconductors and rising materials costs are concerns for Toyota. (Image: Deposit Photos)

Thu, 05 Aug 2021

Summary Foreign companies operating in China should include government confiscation in their risk planning. Meanwhile, opinion on New Zealand tech companies sold overseas has changed from angst to celebration.Confiscation risk Businesses operating in China should plan for government confiscation, the chief executive of a major Japanese multinational, Takeshi Niinami of Suntory, has told Newsweek. Overseas companies are assessing their operations there as trade and defence tensions rise and China cracks down on private enterprise.Overseas s...

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