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Japan, US move to fend off China bids for Toshiba

Toshiba's US nuclear unit Westinghouse has filed for bankruptcy, while its flash memory business is seeking investors

Mon, Apr 10, 2017 - 5:50 AM

Attempts by Japanese electrical giant Toshiba to escape from the giant financial hole into which it has plunged have run into major problems of international politics as Washington and Tokyo move to prevent China securing access to key nuclear power and electronics sector technologies.

PHOTO: REUTERS

Tokyo

ATTEMPTS by Japanese electrical giant Toshiba to escape from the giant financial hole into which it has plunged have run into major problems of international politics as Washington and Tokyo move to prevent China securing access to key nuclear power and electronics sector...