Takaichi’s Taiwan Remarks Could Cost Japan $13B in Tourism
Japan’s PM Sanae Takaichi’s recent comments on the Taiwan region could cost over 2 trillion yuan ($12.9 billion) in tourism, hitting local economies hard.
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Japan Could Lose ¥2 Trillion in Tourism if Ties with Chinese Mainland Stay Strained
A Dai-ichi Life economist warns that strained Japan-Chinese mainland ties could slash over ¥2 trillion ($12.8B) in Chinese tourist spending, risking a major hit to Japan’s tourism industry.