TOKYO -- Logistics group Yamato Holdings will form a joint venture with terminal operator Shanghai International Port (Group) to provide support for smaller Japanese manufacturers seeking to tap strong Chinese demand for their household products.
Software developer Sino-Japanese Engineering and tech firm Planet, both headquartered in Tokyo, will also contribute to the 30 million yuan ($4.34 million) venture, which will begin operating in January. A subsidiary will chip in on behalf of Shanghai International Port.
