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China broadenes blacklist against Japanese firms
China has expanded its blacklist against Japanese companies, adding 20 organizations to the control list and imposing a ban on the export of dual-use technologies. This move comes in response to remarks by Japanese Prime Minister Sanna Takaichi regarding the potential deployment of military forces in Taiwan. The step is linked to a broader set of measures first introduced in February, which targeted 40 companies, and has impacted the stock prices of Japanese firms on the stock exchange, with fluctuations seen in Mitsubishi Electric and Mitsubishi Heavy Industries shares.
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