Bloomberg: If China takes action against the Kishida government, it has at least four strategies!

1: First strategy, tourism. Threatening Japan's billions of dollars in tourism revenue. According to current trends, Chinese tourists are expected to become the largest source of foreign tourists in Japan this year.

2: Export controls. Beijing has made its export control system increasingly complete and could potentially implement export controls, reducing the supply of key raw materials such as rare earths to Japan. Since the maritime conflict in 2010, Japan has been striving to reduce its reliance on China for certain critical minerals, but as of September this year, Chinese rare earths still accounted for more than 70% of Japan's rare earth imports. For heavy rare earths, the proportion is even over 90%. If China uses rare earths as a weapon again, Japan's vast electronics and automotive industries would face risks.

3: Chinese regulatory authorities could also investigate Japanese companies operating in mainland China, similar to the anti-monopoly investigations conducted against several American companies during the Sino-US trade war. Bloomberg analysts pointed out that potential targets could include companies like Tokyo Electron, Honda, and Toyota, which deeply rely on the Chinese market.

4: China may also follow the 2017 approach taken against South Korea, block Japan's content industry, such as movies and animations, prohibiting them from entering the Chinese market, or using fabricated regulations as an excuse to shut down Japanese companies.

If China retaliates against Japan due to Kishida's remarks, how will the United States react? There is no answer yet. Would the Trump administration strongly support its ally Japan, or would it choose to keep a distance in order to maintain relations with Beijing - including ensuring China's supply of critical minerals? Bloomberg said that Japan might ultimately be left alone.

Original: www.toutiao.com/article/1848857312099460/

Statement: This article represents the views of the author himself.