TOKYO, Aug 31 (Reuters) - A row with China over Tokyo's decision to release treated radioactive water from the Fukushima nuclear power plant could shave 0.2% off Japan's real gross domestic product (GDP), estimates by Daiwa Institute of Research showed on Thursday.
Japan started releasing treated radioactive water from the wrecked Fukushima nuclear power plant into the Pacific Ocean last Thursday, prompting China, Japan's biggest trade partner, to impose a blanket ban on Japanese seafood products.
A view of the Fukushima Daiichi nuclear power plant after it started releasing treated radioactive water into the Pacific Ocean, seen from the nearby Ukedo fishing port in Namie town, Fukushima Prefecture, Japan, Aug. 25, 2023.
REUTERS/Tom Bateman/File Photo Acquire Licensing RightsIf the row escalates and leads to a 20% drop in goods exports to China, Japan's GDP could shrink by around 6.1 trillion yen, or 1.1%, according to the estimates.
($1 = 145.8900 yen)Reporting by Leika Kihara Editing by Peter GraffOur Standards: The Thomson Reuters Trust Principles.
Persons:
Tom Bateman, Leika, Peter Graff
Organizations:
Daiwa Institute of Research, REUTERS, Thomson
Locations:
TOKYO, China, Japan, Hong Kong, Fukushima, Fukushima Prefecture