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Japan's Businesses Navigate Rising Tensions with China

12/9/2025

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Story summary
  • Beijing and Tokyo's tensions over Taiwan could negatively affect Japanese businesses in China.
  • Executives at a luxury department store in Zhejiang province remain calm, having learned to manage political sensitivities.
  • The store opened in April 2021 and faced backlash when its launch coincided with a controversial historical date.
  • Since then, it has pursued a low-profile approach, a tactic many Japanese firms in China are using to weather the downturn.