Uniqlo, Muji: Japan Inc is betting big on India as China risks deepen0

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• September 1, 2026

At the same time, Japan’s traditional markets for expansion have become increasingly less attractive, he says. “Investment into China has fallen sharply amid geopolitical tensions and changing economic dynamics, the US market is more challenging because of tariffs and domestic competition, and the market size of other Southeast Asian economies is limited.” Against this backdrop,