{"id":680958,"date":"2026-06-03T01:46:12","date_gmt":"2026-06-03T01:46:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/680958\/"},"modified":"2026-06-03T01:46:12","modified_gmt":"2026-06-03T01:46:12","slug":"japans-local-banks-flee-china-for-singapore-india-as-supply-chains-shift","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/680958\/","title":{"rendered":"Japan&#8217;s local banks flee China for Singapore, India as supply chains shift"},"content":{"rendered":"<p><a class=\"ArticleTag_articleTag__P1Zo7\" href=\"https:\/\/asia.nikkei.com\/business\/finance\" data-trackable=\"primary-tag\" data-dark-mode=\"false\" rel=\"nofollow noopener\" target=\"_blank\">Finance<\/a><\/p>\n<p class=\"NewsArticleHeader_newsArticleHeaderSubtitle__ZlvPp\" data-trackable=\"subhead\" data-dark-mode=\"false\">China branch numbers fall 20% in 5 years while big banks also see loan slump<\/p>\n<p><img decoding=\"async\" class=\"image-main img-fluid ImageNew_imageNewImageResponsive__f1VTu\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/06\/https:\/\/cms-image-bucket-productionv3-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com\/images\/9\/3.jpeg\" alt=\"20260602N Bank of Kyoto\" width=\"780\" height=\"auto\" loading=\"eager\"\/><\/p>\n<p class=\"NewsArticleCaption_newsArticleCaption__fxo8v\" data-trackable=\"caption\" data-dark-mode=\"false\" style=\"display:block\">Bank of Kyoto closed its Dalian office last year and consolidated operations in Shanghai amid a decline in customer needs. (Photo by Atsushi Ooka)<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">TOKYO &#8212; Japan&#8217;s regional banks are leaving China for Southeast Asia and India due to rising labor costs and the struggles of Japanese manufacturers, creating headwinds for the China strategies of Japan&#8217;s suppliers and other regional companies.<\/p>\n","protected":false},"excerpt":{"rendered":"Finance China branch numbers fall 20% in 5 years while big banks also see loan slump Bank of&hellip;\n","protected":false},"author":2,"featured_media":680959,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[1532,28,26013,144,101,202341,2344,73821,3729,245669,3997,7530],"class_list":["post-680958","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-banks","tag-business","tag-chains","tag-china","tag-economy","tag-flee","tag-india","tag-japans","tag-local","tag-shift","tag-singapore","tag-supply"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/680958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=680958"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/680958\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/680959"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=680958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=680958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=680958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}