Nov. duty-free sales at Japan department stores down 2.5%
Chinese tourists are at the mercy of the Chinese government and as such they will not go to Japan, at least in full force, until the Chinese government and Japan reduce the tensions between the two countries.
Telling Chinese people to exercise caution is almost mandatory as most likely most if not all Chinese are going to avoid taking a trip to Japan at this time. Other Asian countries, including South Korea, could see an increase in Chinese tourists who might have wanted to go to Japan but had to change their travel plans.
Whether good or not so good, depending on which side of the coin you are on, Japan keeps doing things that upset not only China but South Korea too as Japan takes one good step ahead in diplomatic relations and then ten steps back with some miss-step every few years.
There might be a sliver-lining in the decrease in Chinese tourists coming to Japan as recently there have been a lot of negative ideas in Japan about over-crowding with too many foreign tourists in some of the main tourist areas such as Kyoto, Osaka, and Tokyo.
With less Chinese tourists the noise about too many tourists might begin to calm down some and things might be able to get back to some sense of normalcy, at least for the short-term.
There is no doubt that foreign tourist spending in Japan has helped boost the Japanese economy and opponents of foreign tourists in Japan need to be very careful that they don't go too far and with measures to either tax foreign tourists and or other measures that might turn-off foreign tourists from visiting Japan as tourism is a fragile industry and can change very quickly even in Japan.
For example, South Korea, just up the road is a like-able place for Asian tourists to visit and they too are seeing record numbers of Asian tourists visiting. So Japan needs to be very careful as there is no talk about over-crowding in South Korea or discussions about taxing foreign tourists.
Again, things can change very fast and Japan needs to be thankful for all the foreign tourists they get and all the money they spend in Japan that helps the Japanese economy, as it could be very different if they aren't careful.
The Japanese economy, especially the domestic economy, needs all the help it can get and foreign tourist spending money in Japan is a significant boost and without it Japan's economy might continue to be stagnant and grow very little if at all.
Have a nice day!
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.