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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
In a further escalation of tensions between Beijing and Tokyo over Taiwan, China has imposed strict export controls targeting 40 Japanese firms. According to reports, China's Commerce Ministry placed 20 Japanese entities on a control list and 20 on a watch list, banning the export of dual-use items to them.
The list includes major firms such as Mitsubishi Corp (8058.T), Mitsui E&S (7003.T), Fujitsu (6702.T), and Komatsu (6301.T). The move follows Japan's accelerated military buildup and PM Takaichi's remarks hinting at possible intervention in Taiwan. Per market data, Komatsu closed at ¥6,281 (close June 30), while Mitsui E&S closed at ¥4,066 (close June 29), reflecting investor uncertainty.
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Sign InTraders are closely watching for further developments, particularly upcoming Bank of Japan speeches including Governor Ueda's address on June 24. Volatility could increase if Tokyo announces countermeasures, especially with Mitsubishi Corp at ¥4,357 (close June 30) trading within vulnerable ranges. Any acceleration in Japanese retaliation could further pressure the industrial sector.