Saturday, August 26, 2023

Why China’s ban on Japanese seafood could backfire

 Container with Flag of Japan Breaks Cargo Container with Flag of China.  Trade War or Economic Conflict Related Stock Illustration - Illustration of  deliver, embargo: 140122390Why China’s ban on Japanese seafood could backfire

    ‘Many people won’t eat seafood’, industry insider says of Chinese consumers, in ‘dangerous sign for the industry’.
    Others say that if Beijing really wanted to make a point, it would go after imports of more critically important trade items such as machinery, circuits and cars from Japan.



China bans Japanese seafood over Fukushima nuclear waste water release

China has abruptly halted all seafood imports from Japan after it began releasing treated Fukushima waste water. China’s decision to ban Japanese aquatic products – following the latter’s controversial discharge of Fukushima nuclear waste water on Thursday – could backfire, analysts say, pointing to potential impacts on China’s own seafood sector.

The move also serves to further cloud the countries’ already deteriorating bilateral trade, they say, as it shows how they may become less dependent on each other, even though aquaculture is not of high importance in Sino-Japan trade.

Japan’s decision to discharge treated nuclear waste water from the Fukushima nuclear plant into the Pacific Ocean angered Beijing, leading to the immediate blockage of all Japanese seafood.

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