Japanese Lawmakers Travel to Beijing, Seeking to Mend Ties After Takaichi’s Taiwan Remark Fallout

Chinese and Japanese flags flutter in front of the Tiananmen Gate ahead of Japan's Prime Minister Shinzo Abe's visit, in Beijing, China October 25, 2018. (Reuters)
Chinese and Japanese flags flutter in front of the Tiananmen Gate ahead of Japan's Prime Minister Shinzo Abe's visit, in Beijing, China October 25, 2018. (Reuters)
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Japanese Lawmakers Travel to Beijing, Seeking to Mend Ties After Takaichi’s Taiwan Remark Fallout

Chinese and Japanese flags flutter in front of the Tiananmen Gate ahead of Japan's Prime Minister Shinzo Abe's visit, in Beijing, China October 25, 2018. (Reuters)
Chinese and Japanese flags flutter in front of the Tiananmen Gate ahead of Japan's Prime Minister Shinzo Abe's visit, in Beijing, China October 25, 2018. (Reuters)

A cross-party group of Japanese lawmakers, including one from Prime Minister Sanae Takaichi's governing party, headed to Beijing on Monday to meet with Chinese officials for the first time since ties between the two Asian rivals deteriorated after Takaichi's comment on Taiwan angered China.

Japan seeks a chance to mend its strained ties with China as tensions have spilled over into the economy.

The group, which includes Gaku Hashimoto, a lawmaker of Takaichi's governing Liberal Democratic Party and a former health and welfare vice minister, and a lawmaker each from two opposition parties Komeito and the Centrist Reform Alliance, is to meet with Chinese Communist Party officials during their visit through Thursday.

"Communication has been severed in all areas and we are beginning to see their impact in many areas,” Shinichi Isa, a top spokesperson for the CRA party, told reporters before leaving Tokyo's Haneda airport. “I hope we can somehow find a clue to restart a dialogue.”

Isa, who has served as a diplomat at the Japanese Embassy in China, wrote on X earlier this month that bilateral ties have sunk to their worst since the 1972 normalization of relations.

He wrote that officials had always remained in communication even during previous lows: “Now all channels between officials and ministries have been cut off.”

The situation is not in the national interest of either side, Isa said at the time, and the Chinese side accepted a request from Japanese lawmakers for a “window for dialogue.”

Soon after taking office, Takaichi said a Chinese attack on Taiwan could constitute “a survival-threatening situation” for Japan that would justify the use of force, enraging Beijing.

The remark crossed what China considers a red line in its relations with other countries about Taiwan, which is a self-governing island that Beijing claims as its territory.

Takaichi has not retracted her comment, but when marking Japan's World War II surrender on Aug. 15, she prayed remotely instead of visiting the controversial Yasukuni Shrine, seen by China and South Korea as lacking remorse for Japan's wartime militarism and atrocities.



Iran’s Currency Hits New Record Low as US Prepares to Announce More Sanctions

People walk in the Grand Bazaar in Tehran, Iran, August 23, 2026. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
People walk in the Grand Bazaar in Tehran, Iran, August 23, 2026. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
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Iran’s Currency Hits New Record Low as US Prepares to Announce More Sanctions

People walk in the Grand Bazaar in Tehran, Iran, August 23, 2026. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
People walk in the Grand Bazaar in Tehran, Iran, August 23, 2026. Majid Asgaripour/WANA (West Asia News Agency) via Reuters

Iran’s currency hit a new record low Monday as Washington prepared to announce new sanctions it said would be an “economic D-Day” and would add further pressure on an economy already battered by previous sanctions and a US naval blockade.

The rial dropped to 2.02 million to the US dollar as trading opened on informal currency markets. Iran’s official Central Bank rate stood at around 1.5 million rial to the dollar, but the informal rate is what most Iranians pay.

The currency had already been under pressure before the US and Israel attacked Iran on Feb. 28, with double-digit inflation and negative growth, but has been hitting new record lows as nearly six months of war have taken an even greater toll.

Still, US President Donald Trump has been unable to win concessions from Iran, which continues to keep a firm grip on shipping through the Strait of Hormuz, the key waterway through which a fifth of the world’s traded oil transited freely before the war began.

Iranian attacks and threats have severely hampered that traffic during the war.


Iran Dismisses US Threat of 'Economic D-day'

FILE - Iran's Ambassador to the International Atomic Energy Agency, IAEA, Kazem Gharibabadi, waits for the start of the IAEA board of governors meeting at the International Center in Vienna, Austria, Nov. 21, 2019. (AP Photo/Ronald Zak, file)
FILE - Iran's Ambassador to the International Atomic Energy Agency, IAEA, Kazem Gharibabadi, waits for the start of the IAEA board of governors meeting at the International Center in Vienna, Austria, Nov. 21, 2019. (AP Photo/Ronald Zak, file)
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Iran Dismisses US Threat of 'Economic D-day'

FILE - Iran's Ambassador to the International Atomic Energy Agency, IAEA, Kazem Gharibabadi, waits for the start of the IAEA board of governors meeting at the International Center in Vienna, Austria, Nov. 21, 2019. (AP Photo/Ronald Zak, file)
FILE - Iran's Ambassador to the International Atomic Energy Agency, IAEA, Kazem Gharibabadi, waits for the start of the IAEA board of governors meeting at the International Center in Vienna, Austria, Nov. 21, 2019. (AP Photo/Ronald Zak, file)

Iran on Monday dismissed Washington's declaration of a massive economic pressure campaign, saying it disproved US claims to have dismantled Tehran's military and nuclear capabilities.

"Your narrative doesn't add up: you say that Iran's military power has been 'dismantled', 100% of its military factories 'destroyed' and its nuclear program 'buried'," Kazem Gharibabadi, deputy foreign minister, said in a post on X.

Yet, he added, "there is a need for 'the largest financial invasion in history' and the mobilization of 'all institutions and powers' of the United States! Is this a victory or an admission of America's defeat?"

Earlier, US Treasury Secretary Scott Bessent wrote in the Financial Times that Washington was launching the "single greatest financial offensive marshalled against an adversary" -- calling it an "economic D-Day".

Bessent posted on X that the measure came after the United States "dismantled Iran's military capabilities, destroyed nearly 100 percent of its military factories, and buried its nuclear program."

He is scheduled to explain the new US sanctions on Iran on Monday.

Meanwhile, Iran's foreign ministry warned countries against joining the US economic campaign. Spokesman Esmaeil Baqaei said taking part would "definitely have its own consequences".

The United States and Israel triggered the Middle East war with a massive wave of strikes against Iran on February 28, triggering Iranian retaliation across the region.

An April 8 ceasefire ended nearly 40 days of intense bombardment, but control over the Strait of Hormuz soon emerged as a key flashpoint in the conflict.

Iran has controlled the vital energy conduit since the war began. Reopening the strait, vital for global oil and gas supplies, has become a US priority, but Tehran insists the waterway will remain closed until Washington lifts its naval blockade on Iranian ports, removes oil sanctions and unfreezes Iranian assets abroad.

Last week, US President Donald Trump announced that Washington would ramp up economic pressure on Iran "on an unprecedented scale."

Washington has urged other governments, including Beijing, to join efforts to further isolate Iran's economy.

In an article published on Monday in Iran's Ettela'at newspaper, Tehran's Foreign Minister Abbas Araghchi said relations with China "have taken on deeper, more structural, and more comprehensive dimensions."

Iran has faced US and international sanctions since the 1979 Iranian revolution.

Trump has repeatedly pursued a "maximum pressure" policy of economic sanctions against Iran, reinstating the approach after returning to office in January 2025 following a similar campaign during his first term.

Iran has repeatedly dismissed the sanctions policy as a failure, insisting that economic pressure and threats will not force it to change course.


US Cancels Joint Marine Drills with SKorea over Iran War

Apache choppers take off at Camp Humphreys in Pyeongtaek, South Korea, 04 March 2024, to join the Freedom Shield 2024 exercise on the first day of the 11-day annual South Korea-US joint drill against North Korean provocations.  EPA/YONHAP
Apache choppers take off at Camp Humphreys in Pyeongtaek, South Korea, 04 March 2024, to join the Freedom Shield 2024 exercise on the first day of the 11-day annual South Korea-US joint drill against North Korean provocations. EPA/YONHAP
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US Cancels Joint Marine Drills with SKorea over Iran War

Apache choppers take off at Camp Humphreys in Pyeongtaek, South Korea, 04 March 2024, to join the Freedom Shield 2024 exercise on the first day of the 11-day annual South Korea-US joint drill against North Korean provocations.  EPA/YONHAP
Apache choppers take off at Camp Humphreys in Pyeongtaek, South Korea, 04 March 2024, to join the Freedom Shield 2024 exercise on the first day of the 11-day annual South Korea-US joint drill against North Korean provocations. EPA/YONHAP

The United States cancelled a joint amphibious landing drill scheduled for next month with South Korea, Seoul's Marine Corps said on Monday, after Washington cited constraints on the availability of US forces due to the war in Iran.

The US Marine Corps formally notified its South Korean counterpart in June that force availability would be constrained for the division-level exercise, known as Ssangyong, a South Korean ⁠Marine Corps spokesperson ⁠told a press briefing.

The allies remain in close consultations on resuming the drills, Reuters quoted the spokesperson as saying. He did not specify what measures might be taken to prevent future cancellations or to make ⁠up for lost training opportunities.

US Forces Korea did not immediately respond to a request for comment.

The cancellation follows US President Donald Trump's surprise order to scale back a separate annual joint military exercise that ended last Friday, citing the cost and Seoul's refusal to take part in the Iran war.

Trump also wrote on his Truth Social ⁠platform ⁠that the Ulchi Freedom Shield drills sent "a signal that was totally inappropriate and hostile, to a Country that, as long as Donald J. Trump has been President, has been unthreatening and respectful."

Despite the reduction of the exercises, Pyongyang fired 10 short-range ballistic missiles last week and issued a statement denouncing the exercises.

North Korea has long condemned such joint exercises as rehearsals for invasion.