Is Japan ready for a Taiwan crisis? Scenarios warn of food and fuel shortage

Canada emerges as an alternative source for necessities

20210419NY Rice storage

Stockpiles of rice are seen at a government storage facility in Fukagawa, Tokyo. 

YURI MOMOI, Nikkei staff writer

TOKYO -- Not a day goes by without Taiwan in the news. U.S. military leaders warn of the possibility of a Taiwan Strait contingency. U.S. President Joe Biden and Japanese Prime Minister Yoshihide Suga underscored the importance of peace and stability across the strait during their meeting Friday.

But what exactly are we to expect if such a Taiwan crisis were to occur? How would Japan's economy and society be impacted?

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