World Bulletin / News Desk
Japan's Toyota Motor Corp. on Tuesday suspended some of its car production operations in China after anti-Japan protests flared across China in response to a territorial row between Tokyo and Beijing.
Beijing-based spokesman Hitoshi Yokoyama said in a text message sent to Reuters that the Japanese auto maker has decided to halt manufacturing and other operations, jointly run with its two Chinese partners, to "ensure employee safety."
He declined to elaborate and provide information on which plants are being affected by the move Tuesday. He did not say how long the suspension would last.
Toyota and its partners manufacture automobiles in the southern China city of Guangzhou, the eastern city of Tianjin, as well as the northeastern city of Changchun.
AIM TO SELL 1 MILLION CARS
The company aims to sell 1 million cars in China this year, up from the nearly 900,000 cars it sold last year.
The Toyota move follows a string of anti-Japan protests that have erupted in China over the last several days. Over the weekend, Toyota and other Japanese-brand outlets in Qingdao were torched by angry demonstrators.
Hundreds of Japanese businesses and the country's embassy suspended services in China on Tuesday, as anti-Japan protests threatened to reignite and drag a territorial dispute between Asia's two biggest economies deeper into crisis.
Summit is expected to provide member states with opportunity to consult, exchange views on the most important issues concerning them in the framework of the Gas Exporting Countries Forum
Slowdown in Chinese economy, rising oil stocks in US, and oversupply from OPEC are all factors making price of oil lower
'World is more connected than ever before. More and more developing countries are seeking to join global trade networks,' WTO director-general says
European Central Bank is ready to use ‘all instruments available’ to stimulate the eurozone economy, Draghi says
Kazakhstan has overtaken Australia as the lead supplier of uranium for US reactors.
Depreciation of emerging market currencies, combined with low commodities prices, have made investors around the globe nervous
Global growth at further risk from Chinese asset price deflation, and US interest rate increases, Moody's says
Traders fear Chinese government will withdraw support measures markets
European Commission president 'convinced' three-year plan will boost investment in EU
Deal aims to bolster fight against tax fraud through exchange of financial information on Turks holding accounts in US and vice versa
Vessels were delivered to port of Alexandria on June 17
The economic cost of violence according to the 2015 Global Peace Index has reached a staggering $14.3 trillion with Syria the least peaceful country.
The leading opposition lawmaker has said that Turkish President Erdogan is open to all possiblities for a coalition.
Qatar has filed a lawsuit against the leader of the National Front in France for his comments regarding "terror" activities.
Saudi Arabia will put in place an electronic bracelet system for all pilgrims visiting the country to perform their Hajj duties.
After U.S. Federal Reserve Chair Janet Yellen indicated that the central bank was poised to raise interest rates, European stock markets fall.