China deepens pressure on Japan with travel bans and cancelled events

Asia's foreign-exchange reserves have reached nearly $8 trillion, equipping authorities from Tokyo to Mumbai with significant resources to defend their currencies if necessary.

Japanese Prime Minister Sanae Takaichi is encountering significant market challenges as concerns regarding the government's upcoming stimulus package lead to a decline in both the yen and bond prices. This situation marks her first major test since taking office, as investor confidence wavers amidst fears of economic instability.

Competition to accelerate maritime trade between China and Peru is intensifying following the opening of a large Chinese-owned port along Peru's Pacific coast. This new route is expected to enhance trade efficiency and strengthen economic ties between the two nations.

The increasing use of Chinese technology in European infrastructure is raising security alarms. Norway conducted a test by driving a Chinese-made bus down a mine to assess its vulnerability to hacking, highlighting concerns over the safety and reliability of such technology in critical systems.

The Dutch government has suspended its intervention into the Chinese-owned chipmaker Nexperia. This decision follows Beijing's blocking of exports of Nexperia's chips in retaliation for the Hague's actions regarding the firm. The suspension indicates a shift in the Netherlands' approach to the semiconductor industry amid rising tensions with China.

China has expressed its approval of the Netherlands' decision to suspend the seizure of Nexperia, a semiconductor company. However, Chinese officials are calling for a complete resolution of the matter to ensure stability in the market and to protect the interests of Nexperia.

Japan's seafood industry is facing significant challenges as China has announced a suspension of imports of Japanese seafood amid escalating diplomatic tensions. This decision is part of a broader dispute between the two nations and raises concerns about the economic impact on Japan's seafood sector.

The decision to restart Japan's largest nuclear plant, the Kashiwazaki Kariwa facility, is pending as a local politician weighs the implications. This decision is critical for the facility's operations and the broader energy landscape in Japan.