Japan Faces ¥2T Hit as Chinese Tourists Cancel Trips
Japan could lose over ¥2 trillion if Chinese tourist numbers plunge after PM Takaichi’s Taiwan remarks. Economists also warn new fiscal stimulus may backfire amid inflation.
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Japan could lose over ¥2 trillion if Chinese tourist numbers plunge after PM Takaichi’s Taiwan remarks. Economists also warn new fiscal stimulus may backfire amid inflation.
Japan’s tourism sector is hit by a steep drop in visitors from the Chinese mainland after safety advisories and diplomatic tensions, worrying hotels and travel operators.