After a rare public comment on Taiwan from Japan’s new prime minister, Sanae Takaichi, relations between the two nations are at a historic low — and Beijing is ramping up its economic retaliation.

On today’s Big Take Asia podcast, host Oanh Ha talks with Bloomberg’s James Mayger and Isabel Reynolds about the political calculation behind Takaichi’s move, the historical grievances fueling the dispute and the real economic risks facing Tokyo.

Read more: China Asks Airlines to Extend Japan Flight Cuts Until March 2026 - Bloomberg

Further listening: How APEC Become a Battleground for US-China Influence