Japan will find it hard to replace the revenue lost if Chinese tourists keep avoiding the country amid a diplomatic row over Taiwan, a subsidiary of the data provider Fitch Solutions warned on Friday.<\/p>\n
A sustained drop-off in visitor numbers from China would \u201csignificantly impact\u201d Japan\u2019s retail and tourism industries, as Chinese tourists were not only Japan\u2019s largest source of overseas visitors but were also higher-than-average spenders, subsidiary BMI said in a research note.<\/p>\n
In the short term, Japan\u2019s tourism industry has \u201climited alternatives\u201d and \u201cwill find it difficult to fill the gap left by Chinese tourists\u201d, BMI said, adding that \u201cairport duty-free shops and large department stores will suffer direct impacts\u201d.<\/p>\n
Tensions between China and Japan have escalated since early November<\/a>, when Japanese Prime Minister Sanae Takaichi suggested that Tokyo could deploy military forces in the event of a conflict in the Taiwan Strait.Beijing has since issued several travel warnings<\/a> urging Chinese tourists to avoid Japan, while several Chinese airlines have offered full refunds for any Japan-bound flights until the end of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"Japan will find it hard to replace the revenue lost if Chinese tourists keep avoiding the country amid…\n","protected":false},"author":3,"featured_media":397020,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[4740,9710,67322,74,129624,170,188275,8372,50,188274,188273,188272,23134,15243,30723,188271,103],"class_list":{"0":"post-397019","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world","8":"tag-australia","9":"tag-beijing","10":"tag-bmi","11":"tag-china","12":"tag-chinese-tourists","13":"tag-japan","14":"tag-japanese-prime-minister-sanae-takaichi","15":"tag-malaysia","16":"tag-news","17":"tag-nomura-research-institute","18":"tag-oag-aviation","19":"tag-shiseido","20":"tag-singapore","21":"tag-south-korea","22":"tag-taiwan","23":"tag-tokyo-disneyland","24":"tag-world"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115593664700689031","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/397019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=397019"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/397019\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/397020"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=397019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=397019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=397019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}