China Amps Up Pressure on Japan
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China blacklists 20 Japanese firms in sweeping export control move after Takaichi’s landslide win
China has intensified trade pressure on Japan by adding 20 Japanese companies to its export control list. The move came shortly after Prime Minister Sanae Takaichi secured a landslide victory in a snap election.
China is trying to impose economic costs on Japan for wading into the issue of Taiwan. But experts say the escalating dispute could ultimately hurt China too.
A standoff over the security of Taiwan has led to a steep decline in the number of Chinese visitors to Japan, which is heavily dependent on the tourists.
China has accelerated enforcement of export control measures against Japanese entities with military ties, which officials and experts said sends a clear signal urging Japan to withdraw provocative remarks on Taiwan while curbing Japan's remilitarization and its attempt to possess nuclear weapons.
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From recalling pandas to cancelling tourist flights, China continues to retaliate after Takaichi's comments on Taiwan.
Value of exports to China, Japan's largest trading partner, jumped 32%, after rising 5.6% in December.
(Corrects day of week in first paragraph to Friday from Thursday) By Tim Kelly and John Geddie TOKYO, Feb 20 (Reuters) - Japanese Prime Minister Sanae Takaichi warned of growing Chinese "coercion" in her first post-election speech to parliament on Friday,