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Takaichi's Taiwan Tensions
- On November 17, 2025, Japanese tourism and retail stocks fell after China warned its citizens about traveling to Japan amid tensions over Taiwan.
- Prime Minister Sanae Takaichi's remarks suggested potential military action if Beijing attacked Taiwan.
- Shiseido's shares dropped nearly 10%.
- Takashimaya and Uniqlo's parent company fell over 5%.
- China advised students in Japan to monitor security closely, noting more than 100,000 Chinese students were enrolled there last year.
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