Is There An Off-Ramp for China and Japan? (opens in new tab)

Japan-China relations are in a deep freeze that began in November when Prime Minister Sanae Takaichi suggested that Japan could intervene militarily in the event of a Taiwan crisis. Beijing responded furiously, invoking World War II, banning exports of dual-use items to a list of Japanese companies, advising citizens against traveling there, and reimposing a seafood import ban. Meanwhile, Takaichi’s landslide election victory in February suggests little near-term softening. What lies ahead fo...