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Xi Pressures Takaichi By Throttling Key Mineral Exports to Japan

Xi Pressures Takaichi By Throttling Key Mineral Exports to Japan
Bloomberg Markets Tuesday 23 June 2026, 23:00 UTC By Martin Ritchie, Lucille Liu, Haze Fan 1 min read
Key Points

Xi Pressures Takaichi By Throttling Key Mineral Exports to Japan China is choking shipments of some critical minerals to Japan, a slowdown that’s hurting companies and prompting calls for Prime Minister Sanae Takaichi to find a diplomatic off-ramp with Beijing. The world’s No. 2 economy has stopped nearly all supplies of some forms of tungsten this year, while magnet flows last month fell to their lowest since May 2025 when shipments collapsed as China rolled out its export-control regime...

Xi Pressures Takaichi By Throttling Key Mineral Exports to Japan China is choking shipments of some critical minerals to Japan, a slowdown that’s hurting companies and prompting calls for Prime Minister Sanae Takaichi to find a diplomatic off-ramp with Beijing. The world’s No. 2 economy has stopped nearly all supplies of some forms of tungsten this year, while magnet flows last month fell to their lowest since May 2025 when shipments collapsed as China rolled out its export-control regime globally. The throttling of goods began after Takaichi angered Beijing last November with comments about self-ruled Taiwan.
Xi Pressures Takaichi (ORG) Japan China (LOCATION) Japan (LOCATION) Sanae Takaichi (PERSON) Beijing (LOCATION) China (LOCATION) Takaichi (ORG) Taiwan (LOCATION)
Originally published by Bloomberg Markets Read original →

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