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Uniqlo won’t choose between US, China: CEO

TOKYO (XINHUA) – Uniqlo will not take sides in the United States (US)-China tension, said CEO of the Japanese casual wear chain’s operator Fast Retailing Tadashi Yanai.

“The US approach is to force companies to show their allegiance. I wanted to show that I won’t play that game,” Yanai said in a recent interview with Nikkei.

Yanai also said while there are disagreements between the two countries, their economic ties are actually in good shape, with solid capital and trade flows, Nikkei Asia reported.

People walk in front of the flagship store of Japan’s cheap-chic clothing chain Uniqlo in a shopping district of Ginza in Tokyo. FILE PHOTO: AFP
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