China blacklists 20 Japanese entities in dual-use export crackdown
The immediate market read is contained by the ministry’s explicit statement that normal bilateral trade is unaffected, which limits the near-term spillover to the broader China-Japan commercial relationship. However, the targeting of Mitsubishi, Komatsu and Fujitsu subsidiaries introduces a template risk: if Beijing is willing to place industrial conglomerate units on a dual-use blacklist today, […]















