China acts against 40 Japanese entities over military ties
China's commerce ministry said that only a small number of Japanese entities are targeted and that "honest and law-abiding Japanese entities have nothing to worry about".
· CNA · JoinRead a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST Tap here to return to FAST
FAST
BEIJING: China's commerce ministry took action against 40 Japanese companies and entities on Tuesday (Feb 24), citing national security concerns over their military ties.
It imposed export controls on 20 entities, including Mitsubishi and the Japanese space agency, accusing them of helping to enhance Japan's military capabilities.
The ministry added a further 20 Japanese entities, including Subaru, to a "watch list" requiring stricter reviews of exports of "dual-use items".
"The above measures are aimed at curbing Japan's 'remilitarisation' and nuclear ambitions and are completely legitimate, reasonable and lawful," a commerce ministry statement said.
Subscribe to our Chief Editor’s Week in Review
Our chief editor shares analysis and picks of the week's biggest news every Saturday.
This service is not intended for persons residing in the E.U. By clicking subscribe, I agree to receive news updates and promotional material from Mediacorp and Mediacorp’s partners.
Loading
"China's lawful listing actions target only a small number of Japanese entities, relevant measures target dual-use items and do not impact normal economic (exchanges) and trade between China and Japan," it said, adding that "honest and law-abiding Japanese entities have nothing to worry about".
Companies can apply to be removed from the "watch list" if they cooperate with Beijing's verification terms.
China has ramped up pressure on its neighbour since Japanese Prime Minister Sanae Takaichi suggested in November that Tokyo may react militarily to an attack on Taiwan, which Beijing has vowed to seize control of by force if necessary.
Last month, Beijing announced a broad ban on the export of "dual-use" goods with potential military applications.
China has since begun restricting exports to Japanese companies of scarce and expensive "heavy" rare earths, as well as the powerful magnets containing them, the Wall Street Journal reported, citing two exporters in China.
Newsletter
Week in Review
Subscribe to our Chief Editor’s Week in Review
Our chief editor shares analysis and picks of the week's biggest news every Saturday.
Newsletter
Morning Brief
Subscribe to CNA’s Morning Brief
An automated curation of our top stories to start your day.
Sign up for our newsletters
Get our pick of top stories and thought-provoking articles in your inbox
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app