China targets Japanese companies over military ties

Yahoo Finance
2026.02.24 03:47
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China has targeted 40 Japanese companies, citing national security concerns amid escalating tensions over Japan's military comments regarding Taiwan. The measures include export restrictions on dual-use items to major firms like Mitsubishi and Subaru, and a watch list for stricter reviews. This diplomatic row has led to a significant decline in Chinese tourism to Japan and has affected trade relations, including a ban on Japanese seafood imports. The Chinese commerce ministry claims these actions are legitimate and do not impact normal trade, while Japan plans to respond appropriately.