Audrye Wong and I have a piece in @wsj.com today on the logic of China's recent economic retaliation against Japan. Drawing on our research, we examine actions China has taken so far and what might come next in the escalating spat triggered by Takaichi's Taiwan comment. www.wsj.com/opinion/chin...
Opinion | China Revives Economic Coercion to Punish Japan
Beijing wields travel advisories and import bans rather than formal sanctions.
wsj.com