Affiliates of Mitsubishi Electric are added to China's export control list, restricting dual-use exports.
Impact on stocks 2
Affiliates of Mitsubishi Heavy Industries are added to China's export control list, restricting dual-use exports.
China has expanded its export-control offensive against Japan by adding 20 Japanese organizations to its control list, imposing a general ban on Chinese exports that can be used for both commercial and military purposes. In a parallel measure, Beijing placed another 20 entities on its monitor list, subjecting them to stricter scrutiny for importing dual-use items from China. The new restrictions double the number of Japanese entities subject to curbs and mark the latest escalation in a dispute over Prime Minister Sanae Takaichi's comments on Taiwan. The additional targets of the control list include the state-run National Institute for Defense Studies, military systems research centers, and affiliates of Mitsubishi Electric and Mitsubishi Heavy Industries. A Chinese Foreign Ministry spokesman said the measures are fully justified and target only a small number of Japanese entities.
Affiliates of Mitsubishi Electric are added to China's export control list, restricting dual-use exports.
Affiliates of Mitsubishi Heavy Industries are added to China's export control list, restricting dual-use exports.