2025-11-18
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Asia-specific.
Coming soon with me, Mariko Oi.
A diplomatic crisis between China and Japan hits Tokyo's stocks.
It's world business express from the BBC World Service.
I'm Liana Byrne.
Bitcoin dips and wipes off hundreds of billions in value and one of Britain's most successful movie franchises gets a statue in London.
Let's start with a geopolitical row that's quickly turning into an economic one.
China is threatening real retaliation against Japan from sanctions to squeezing tourism after comments by Japan's Prime Minister about Taiwan.
Chinese TV has already warned people about going to Japan.
Recently, Japanese leaders have openly made blatantly provocative remarks concerning Taiwan,
which has seriously worsened the atmosphere for exchanges between Chinese and Japanese people and posed significant risks to the personal safety and lives of Japanese citizens in Japan.
The Ministry of Culture and Tourism of China solemnly reminds Chinese tourists to avoid traveling to Japan in the near future.
For Japan's Chief Cabinet Secretary Minoru Hukara, spoke against the warning by China.
I believe that this announcement,
which seems to curtail the exchange of people between the two countries,
including study abroad and tourism,
is incompatible with the broad direction of promoting a strategic,
mutually beneficial relationship confirmed by the leaders and building a constructive and stable relationship.
The BBC's Asia Business Correspondent, Nick Marsh,