Drop in Chinese Tourism Hits Japan’s Local Economy
After Prime Minister Sanae Takaichi’s remarks on the island of Taiwan, visitor numbers from the Chinese mainland plunged, squeezing Japan’s tourism and retail sectors.
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After Prime Minister Sanae Takaichi’s remarks on the island of Taiwan, visitor numbers from the Chinese mainland plunged, squeezing Japan’s tourism and retail sectors.
Recent remarks by Japan’s PM Sanae Takaichi have stirred political tensions, rattling stock markets, depressing tourism and hitting key industries, proving missteps can carry steep costs.