China Escalates Japan Spat With Threats of Economic Reprisal [Yahoo! Finance Canada]
SHISEIDO CO LTD S/ADR (SSDOY)
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Source: Yahoo! Finance Canada
Most Read from Bloomberg Hours after the post, the reinforced that message publishing a commentary by a state-affiliated scholar warning that if Japan's military got involved in the Taiwan Strait “the entire country would risk becoming a battlefield.” The diplomatic crisis erupted over Takaichi's comments earlier this month that military force used in any Taiwan conflict could be considered a “survival-threatening situation,” a classification that would provide a legal justification for Japan to support friendly countries that choose to respond. China is highly sensitive to remarks around Taiwan, the self-ruled island it's vowed to claim someday, by force if necessary. The row risks unraveling recent progress in bilateral ties, just a few weeks after Takaichi met with Chinese President Xi Jinping and agreed to improve relations. The spat also threatens to inflict damage on businesses straddling the key trading partners, as China warns tourists and students about heightened risk
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