US EditionChina imposes export controls on 20 Japanese entities to curb ‘remilitarisation’
China banned dual-use goods exports to 20 Japanese firms and placed 20 more on a watchlist citing national security; tourism to Japan dropped 61% in January, officials said.
- On Feb 24, China's Commerce Ministry added 20 Japanese defence-related entities to its export control list, banning dual-use items exports to them and barring foreign firms from supplying China-origin goods.
- In the background, Beijing linked the curbs to Japanese Prime Minister Sanae Takaichi's November remarks on Taiwan and her party's landslide win earlier this month.
- Separately, Beijing put a watchlist on 20 Japanese firms, including Subaru and TDK, requiring stricter export reviews and end-use pledges, according to the Commerce Ministry.
- Market data showed shares of several targeted firms fell on the Tokyo Stock Exchange while the Yen dipped 0.4% to 155.27 per US dollar, and Chinese tourists declined 61% in January.
- Tokyo signalled a response, with a Japanese trade official saying it would "take appropriate measures" after analysing the curbs, while China's Commerce Ministry assurances stressed the measures target few entities and will not affect normal economic and trade exchanges between China and Japan.
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The Killeen Daily Herald
abc NewsChina restricts exports to 40 Japanese entities with ties to military
China restricts exports to 40 Japanese entities it says are contributing to Japan’s “remilitarization.” China’s Commerce Ministry put 20 20 Japanese companies on Tuesday on an export control list and 20 others on a watchlist. Companies on the export control…
China imposes new export curbs on Japan as tensions rise
China hit dozens of Japanese companies with export restrictions as tensions between the two countries escalated. Beijing reacted angrily in November when new Japanese Prime Minister Sanae Takaichi warned against Chinese aggression towards Taiwan, and China’s position has hardened since her landslide election victory this month. It curbed exports to 20 companies of rare-earth magnets and other minerals which it said have military applications, to…
China has imposed export restrictions on 20 Japanese companies.
China imposes export controls on 20 Japanese entities to curb ‘remilitarisation’
China has prohibited the export of dual-use items to 20 Japanese entities that it says supply Japan's military, the commerce ministry announced on Tuesday, in the latest escalation of a dispute with Tokyo.
The trade dispute between China and Japan is escalating. Beijing today imposed export restrictions on 40 Japanese companies, citing national security concerns, foreign news agencies reported.
China imposes export curbs on 40 Japanese companies as spat worsens
By Mary Yang with Tomohiro Osaki in Tokyo China imposed export restrictions on 40 Japanese companies on Tuesday, citing national security concerns, as Beijing escalated a months-long row that has seen Chinese tourism to Japan plummet. China Ministry of Commerce. Photo: Wikimedia Commons. The spat between Asia’s top two economies was sparked by comments by Prime Minister Sanae Takaichi in November that Japan could intervene militarily in any atta…
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