• Kyodo

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Japan’s ruling Liberal Democratic Party members proposed Thursday the creation of a public-private body in the country to prevent Japanese businesses operating abroad from being affected by sanctions and export controls that the United States and China impose on each other.

Amid intensifying rivalry between the world’s two largest economies, an LDP group exploring ways to improve economic security called for setting up such an entity that would also be tasked with discussing such issues as strengthening supply chains.

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