Japan-China Talks in Beijing End Without Breakthrough in Taiwan Dispute

Overview

• Japan’s Asia chief Masaaki Kanai met China’s Liu Jinsong in Beijing, where China pressed for a retraction of Prime Minister Sanae Takaichi’s Taiwan comments and Japan declined while condemning an Osaka consul’s threatening post.
• Tokyo issued a security alert urging Japanese in China to avoid crowds and stay vigilant after Beijing advised Chinese citizens to forgo travel to Japan.
• Market fallout accelerated as the Nikkei 225 fell more than 3% and tourism and retail shares slid following China’s advisory and cancellations of roughly 202 Japan-bound flights in early November.
• Beijing broadened non-military pressure with bans on state-company travel, scrapped group tours, delayed releases of Japanese films, and the postponement of the annual Beijing–Tokyo Forum.
• Regional tensions flared as Japan scrambled fighters over a suspected Chinese drone near Yonaguni and reported Chinese coast guard ships near the Senkaku Islands, with no bilateral meeting planned at the upcoming G20.