SUSHI Dips 13.2% in 7 Days Amid Diplomatic Tensions Between Japan and China

Japan's Prime Minister Sanae Takaichi made headlines at the G20 summit in Johannesburg with a public display of camaraderie toward Italy’s Giorgia Meloni. The two leaders, both notable for their bold political styles and distinct sartorial choices, engaged in a high-profile embrace that underscored Takaichi’s more informal diplomatic approach. The moment, widely shared on social media, highlighted a departure from the traditionally rigid diplomatic norms practiced by Japan’s previous leaders and contributed to a rising international profile for Takaichi.

However, while the Takaichi-Meloni bonding moment garnered media attention, it also contrasted sharply with the more strained relationship between Japan and China. Takaichi’s recent comments regarding Taiwan have reportedly caused offense in Beijing, prompting a deliberate distance between the two sides at the summit. Despite Japanese officials expressing openness to dialogue, no formal meeting between Takaichi and Chinese Premier Li Qiang has taken place. The absence of such a meeting was underscored by the fact that the two leaders were not seen interacting during the summit, even though they stood just three seats apart in a group photo.

The diplomatic tension appears to have contributed to a broader negative sentiment around Japan’s international engagement at the event. While Takaichi’s informal diplomacy is gaining traction domestically and abroad, the avoidance of a high-level conversation with China highlights a strategic divide. Analysts suggest that this dynamic reflects the broader geopolitical challenges Japan faces in balancing its diplomatic relationships in a rapidly shifting global landscape.

Meanwhile, the SUSHI token reflects a bearish trend over the past week, dropping 13.2% to $0.4079 as of Nov 23, 2025. The token’s performance has been volatile in the short term, with a 16.15% drop over the past month and a precipitous 69.86% decline year-to-date. The 0.22% rise within the previous 24 hours, however, suggests some short-term stabilization.

The token’s movements appear to be influenced by broader geopolitical currents rather than direct market mechanics. As Japan’s diplomatic stance shifts in response to regional tensions, investors may be recalibrating expectations for how global markets will respond to these developments. Given this context, any future shift in SUSHI’s price trajectory is likely to hinge on the resolution of ongoing diplomatic friction and the broader geopolitical climate.