Asian Markets Slide as China’s Dual-Use Export Ban on Japan Triggers Risk-Off Mood

Asian markets retreated after China imposed sweeping export curbs on Japan, banning 800 dual-use goods over security concerns. The move followed Japan PM Sanae Takaichi’s Taiwan remarks. Hang Seng fell 0.8%, Nikkei 0.4%, and tech stocks slid up to 3%. Japan protested, calling it a trade breach. Analysts warn the curbs could shave 0.43% off Japan’s GDP if prolonged.