Mitsubishi Heavy’s assets seized in South Korea

A timely coincidence… South Korea calls for seizing Mitsubishi Heavy Industries’ assets over World War 2 forced labour, just as Korea Development Bank initiates consolidation of the shipbuilding sector by selling its stake in Daewoo Shipbuilding & Marine Engineering Co., Ld to Hyundai Heavy Industries Co., Ltd.

Another case of information warfare for leadership in the shipbuilding industry.

https://asia.nikkei.com/Politics/International-relations/Mitsubishi-Heavy-asset-seizure-sought-in-South-Korea-over-war-labor

Picture credits: Reuters

Nicolas Michelon

Nicolas is a corporate geoeconomics and strategic & business intelligence expert with 25 years of experience in the Asia-Pacific, and more recently in the Gulf and Türkiye. A Managing Partner at Alagan Partners, he advises corporate executives on how to navigate the current geopolitical and geoeconomic environment, mitigate risk and develop prospective scenarios. He is also an Adjunct Professor & Guest Lecturer in geopolitics, geoeconomics and business intelligence at ESCP Business School (France), Galatasaray University (Türkiye), University Mohammed VI Polytechnic (Morocco), and Ecole de Guerre Economique (Paris School of Economic Warfare).