China widens Japan export curbs, targeting drone makers, nuclear firms and defense institutes

CNBC Top News ·

China widens Japan export curbs, targeting drone makers, nuclear firms and defense institutes

File photo: The Japanese national flag flies in front of the container pier in the Tokyo port. Toshifumi Kitamura | Afp | Getty Images China on Monday blacklisted four Japanese government defense …

File photo: The Japanese national flag flies in front of the container pier in the Tokyo port. Toshifumi Kitamura | Afp | Getty Images China on Monday blacklisted four Japanese government defense research institutes and imposed tighter export restrictions on dozens of other Japanese entities, escalating a months-long campaign to limit Tokyo's access to Chinese-origin dual-use goods. The Ministry of Commerce added 20 entities, including the National Institute for Defense Studies and research centers for ground, naval, and air systems, to the export control list . Several units under Mitsubishi Electric and Mitsubishi Heavy Industries were also targeted. Domestic exporters, as well as overseas organizations or individuals, are prohibited from transferring Chinese-origin dual-use items to the named entities, according to the statement, adding that any ongoing activities must stop immediately. Separately, China also added another 20, including Mitsui E&S Co ., drone maker Terra Drone Corporation , nuclear fuel processors, and multiple units of OKI Electric Industry to a watch list requiring enhanced licensing scrutiny. Both actions take effect immediately. The ministry said it would apply stricter end-user and end-use reviews to watch-listed entities, and that exports involving Japanese military users, military applications or any end-use that could strengthen Japan's defense capabilities would not be approved. …

Original source: CNBC Top News

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Sanae Takaichi