Overview
- Beijing urged citizens to avoid travel to Japan, with Air China and China Eastern offering free rebookings or refunds and up to 12 Chinese tour operators suspending Japan trips.
- Tourism and consumer shares in Tokyo slumped, including Shiseido down 11%, Muji owner Ryohin Keikaku down 11%, Japan Airlines down 6% and All Nippon Airways down 4%.
- Nomura’s Takahide Kiuchi estimated potential losses of about 2.2 trillion yen and warned Japan’s October–December GDP could turn negative if Chinese visitor numbers drop sharply.
- Both governments summoned ambassadors after Prime Minister Sanae Takaichi said a Taiwan escalation could threaten Japan’s survival and did not rule out deploying troops under collective self-defense.
- Tokyo moved to ease tensions by sending senior envoy Masaaki Kanai to meet Chinese counterpart Liu Jinsong, and Takaichi indicated she will avoid further public scenario comments.