China restricts exports to 40 Japanese entities with ties to military [Los Angeles Times (CA)]
KAWASAKI HEAVY INDS S/ADR (KWHIY)
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Source: Los Angeles Times
Twenty companies face an export ban on dual-use goods while 20 others will require individual export licenses for Chinese materials and equipment. Japan formally protested the measures as absolutely unacceptable, calling them violations of international trade practice and demanding their immediate removal. BANGKOK — China on Tuesday restricted exports to 40 Japanese entities that it says are contributing to Japan's “remilitarization,” in the latest escalation of tensions with Tokyo. Beijing has shown continued displeasure with Tokyo since Japanese Prime Minister Sanae Takaichi in November implied Japan could intervene if China used military force against Taiwan, an island democracy China claims as its own. The Chinese Commerce Ministry put 20 Japanese companies on an export control list and 20 others on a separate watch list. Companies on the export control list will not be able to import from China dual-use goods, which can be used for civilian and military purposes. They
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