The trade war between the world’s two largest economies has threatened to disrupt the global economy. Both sides agreed not to levy any new tariffs against each other’s products for now.
“For the time being, we’ll like to cease investment to China. So, truce means postponement,” Niinami said.
Although Suntory is still operating in China, Niinami said the company needs further clarity on the U.S.-China trade dispute before further investment decisions can be made.
“I wonder if we should promote producing products in China or still keep…