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India, Japan, Australia working on a supply chain pact to counter China

The talks are at a working level currently, but Japan would like to bring them to a higher level at some point, according to a person in Tokyo

china, chinese, import, export, trade, deficit
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India’s government is considering the plan and will make a decision soon about whether to participate, some of the people said

Shruti Srivastava and Isabel Reynolds | Bloomberg
Japan, India and Australia are seeking to build stronger supply chains to counter China’s dominance as trade and geopolitical tensions escalate across the region, according to people in Tokyo and New Delhi with knowledge of the matter.

The three nations are discussing building a “supply chain resilience initiative,” according to the people, who asked not to be identified because they are not authorized to speak to the media about internal discussions. The talks are at a working level currently, but Japan would like to bring them to a higher level at some point, according to a person in Tokyo.

India’s government is