China's ban on Japanese seafood has more political than economic heft

China's ban on seafood imports from Japan, prompted by concerns about radioactive contamination, is seen as more of a political gesture than an economic blow, as marine products make up less than 1% of Tokyo's global trade dominated by cars, with the impact on Japan's total exports negligible.

reuters.com

Relevant topic timeline:

8/23/2023

China group tours return to Japan but 'explosive spending' unlikely

Chinese group tours have resumed in Japan after pandemic-era restrictions were lifted, but the economic impact may be limited due to a cooler Chinese consumer sentiment, increased availability of high-end brands in China, and concerns over Japan's plan to release treated Fukushima wastewater into the sea.

8/25/2023

Fukushima: The fishy business of China's outrage over Japan's release

China has banned Japanese seafood imports due to concerns over the release of treated water from the Fukushima nuclear plant, but the claim that it poses safety risks is not supported by science.

8/26/2023

Russia hopes to raise fish, seafood exports to China after Japan ban

Russia plans to increase its marine product exports to China following China's ban on Japanese seafood imports after concerns about radioactive water released from the Fukushima nuclear power plant, with Russia being one of China's largest seafood suppliers.

8/31/2023

Fukushima: Japan PM pledges to help fishing industry after China seafood ban

Japan's Prime Minister Fumio Kishida is planning to implement measures to support the fishing industry affected by China's ban on Japanese seafood, including additional funds from the government budget reserves, after visiting Tokyo's fish market.

8/31/2023

Row with China over Fukushima release could shave 0.2% off Japan GDP, Daiwa says

Japan's decision to release treated radioactive water from the Fukushima nuclear power plant could potentially lead to a 0.2% decrease in the country's real GDP, primarily due to the impact on inbound tourism from China and the ban imposed on Japanese seafood products by China and Hong Kong.

9/4/2023

Japan to allocate $140 mln more to help fisheries after China's import ban

The Japanese government has allocated an additional 20.7 billion yen to support the fisheries industry after China's total import ban of Japanese aquatic products due to concerns over the release of treated radioactive water from the Fukushima Daiichi nuclear power plant.

9/12/2023

Manufacturing and Services Sentiment Plummets on Weak Demand and Costs

Big Japanese manufacturers and the services sector in Japan are experiencing a decline in confidence, with concerns of a slowdown in China's economy affecting global and domestic growth, according to a Reuters poll. The weak sentiment in the business sector raises doubts about the ability of exports to drive economic recovery amid weak domestic demand. Many companies cited high input costs and weak demand as contributing factors, along with geopolitical risks and tensions between the US and China.

9/19/2023

Japan's Exports to China Drop for 9th Straight Month Amid Weak Demand and Import Suspension

Japan's exports to China declined for the ninth consecutive month in August, dropping 11%, due to weak demand and the suspension of seafood imports following the Fukushima Daiichi nuclear plant incident.

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Posted 8/24/2023, 11:47:00 AM

China's ban on Japanese seafood has more political than economic heft

reuters.com

Relevant topic timeline:

8/23/2023

China group tours return to Japan but 'explosive spending' unlikely

8/25/2023

Fukushima: The fishy business of China's outrage over Japan's release

China has banned Japanese seafood imports due to concerns over the release of treated water from the Fukushima nuclear plant, but the claim that it poses safety risks is not supported by science.

8/26/2023

Russia hopes to raise fish, seafood exports to China after Japan ban

8/31/2023

Fukushima: Japan PM pledges to help fishing industry after China seafood ban

8/31/2023

Row with China over Fukushima release could shave 0.2% off Japan GDP, Daiwa says

9/4/2023

Japan to allocate $140 mln more to help fisheries after China's import ban

9/12/2023

Manufacturing and Services Sentiment Plummets on Weak Demand and Costs

9/19/2023

Japan's Exports to China Drop for 9th Straight Month Amid Weak Demand and Import Suspension