Japan's Prime Minister Sanae Takaichi has recently sparked tension with her comments on the Taiwan region, rattling China-Japan relations 🌏.
Hideo Kumano, chief economist at Dai-ichi Life Research Institute, warns that if strained ties drag on beyond a year, visits from tourists on the Chinese mainland could plunge. This could wipe out over 2 trillion yuan (about $12.9 billion) in tourism revenue 💸.
Local economies, especially in popular destinations like Kyoto and Osaka, would feel the ice-cold impact first. Cafes, ryokans and souvenir shops could see visitor numbers dive, threatening jobs and small businesses 📉.
For young entrepreneurs and investors, this is a wake-up call: political rhetoric can ripple through markets and communities. Meanwhile, students and researchers will be watching closely as the clock ticks toward 2026—will cooler heads prevail, or will the domino effect grow?
Whether you're planning your next adventure or studying global trends, keep an eye on how a few words can reshape an industry. Stay tuned for updates on this developing story 👀.
Reference(s):
cgtn.com
