Global Economy & Policy Insight Weekly 10 December 2025 Takahide Kiuchi is executive economist at Nomura Research Institute. This is his personal view. Takahide Kiuchi t-kiuchi@nri.co.jp To receive this publication, please contact your local Nomura representative. Estimating the economic hit from possible China restrictions on rare earth exports to Japan Summary: The Chinese government has responded to Prime Minister Sanae Takaichi's recent remarks about Taiwan by asking Chinese citizens to refrain from tra ...