Canon to Target Chinese Market Amidst Lingering Anti-Japanese Sentiment
Over the last couple of months, a political skirmish between Japan and China over the ownership of a set of islands has caused anti-Japanese protests all across China, affecting many of the Japanese manufacturing facilities. Some companies -- most notably Panasonic and Canon -- were forced to shut down operations and evacuate their premises as a result of the violent protests. Things got so bad that Chinese photographers had to camouflage their Japanese-brand cameras with red tape and Chinese flags.
Despite the political atmosphere in the world's most populous nation, Canon has China squarely in its sights as it plans its next moves for international expansion.