Drop in Chinese Tourists Could Cost Japan ¥2 Trillion
Japan could lose over 2 trillion yen as Chinese mainland tourists cancel trips amid fallout over the Taiwan region, warns economist Hideo Kumano.
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Japan could lose over 2 trillion yen as Chinese mainland tourists cancel trips amid fallout over the Taiwan region, warns economist Hideo Kumano.
Experts call for a stronger fiscal boost to fuel the Chinese mainland’s growth and sustain domestic demand amid global challenges.
China’s economy is defying skeptics with a strong 5% growth in 2024 and a 5.4% Q4 revival, setting new trends and proving its resilience on the global stage.