China Adds 20 Japanese Firms to Export Control List, Ramping Tensions With Tokyo
Bloomberg • • world
Key Points:
- China has blacklisted 20 Japanese entities, including affiliates of Mitsubishi Heavy Industries, escalating tensions between the two largest Asian economies.
- The move follows the electoral victory of Japan’s Prime Minister Sanae Takaichi.
- China’s Ministry of Commerce added these firms to an export control list, effective immediately, restricting the supply of dual-use items to them.
- The designation prohibits exporters from providing goods with both civilian and military applications to major Japanese defense contractors.
- It also bans overseas entities from supplying these firms with dual-use technology originating from China.
