{"id":2381,"date":"2025-11-17T09:01:21","date_gmt":"2025-11-17T09:01:21","guid":{"rendered":"https:\/\/inernews.online\/?p=2381"},"modified":"2025-11-17T09:01:21","modified_gmt":"2025-11-17T09:01:21","slug":"japans-tourism-stocks-plunge-amid-spat-with-china-business-and-economy-news","status":"publish","type":"post","link":"https:\/\/inernews.online\/?p=2381","title":{"rendered":"Japan\u2019s tourism stocks plunge amid spat with China | Business and Economy News"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"\">\n<p class=\"article__subhead\"><em>Relations between Tokyo and Beijing have plummeted over Japanese leader\u2019s recent remarks on Taiwan.<\/em><\/p>\n<\/div>\n<div>\n<div class=\"byline byline--single-avatar\">\n<div class=\"avatars-container\">\n<div class=\"responsive-image\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.aljazeera.com\/wp-content\/uploads\/2020\/09\/jp-1730786685-rotated.jpg?resize=96%2C96&amp;quality=80 96w\" sizes=\"(max-width: 96px) 96px, 96px\" aria-hidden=\"true\"\/><\/div>\n<\/div>\n<\/div>\n<div class=\"article-dates\">\n<p><span class=\"screen-reader-text\">Published On 17 Nov 2025<\/span><span aria-hidden=\"true\">17 Nov 2025<\/span><\/p>\n<\/div>\n<div class=\"rich-share\" data-testid=\"rich-share\">\n<div class=\"rich-share__wrapper\">\n<div class=\"rich-share__button-wrapper\"><button class=\"rich-share__button row\" aria-expanded=\"false\"><\/p>\n<p>Click here to share on social media<\/p>\n<p><svg class=\"icon icon--share2 icon--primary icon--16 \" viewbox=\"0 0 20 16\" version=\"1.1\" aria-hidden=\"true\"><title>share2<\/title><path fill=\"#000\" fill-rule=\"evenodd\" d=\"M11.688 9.048c-.659 0-1.252.282-1.673.733l-4.92-2.45c.016-.115.028-.232.028-.352 0-.117-.011-.23-.027-.343l4.913-2.423a2.285 2.285 0 0 0 1.68.739C12.964 4.952 14 3.899 14 2.6 14 1.302 12.965.25 11.688.25S9.377 1.302 9.377 2.601c0 .117.01.23.027.343L4.49 5.367a2.285 2.285 0 0 0-1.68-.739C1.536 4.628.5 5.681.5 6.979c0 1.299 1.035 2.35 2.312 2.35.659 0 1.252-.281 1.673-.731l4.92 2.45a2.357 2.357 0 0 0-.029.351c0 1.299 1.035 2.351 2.312 2.351S14 12.698 14 11.399s-1.035-2.35-2.312-2.35Z\" clip-rule=\"evenodd\"\/><\/svg><\/button><\/p>\n<p class=\"rich-share__social-text\">Share<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div aria-live=\"polite\" aria-atomic=\"true\">\n<p>Japanese shares linked to the tourism industry have nosedived following China\u2019s warning to its citizens against travelling to Japan.<\/p>\n<p>Relations between Tokyo and Beijing have plummeted since Japanese Prime Minister Sanae Takaichi suggested earlier this month that Japan\u2019s military could intervene to stop China from taking control of Taiwan.<\/p>\n<section class=\"more-on\">\n<h2 class=\"more-on__heading\">Recommended Stories<!-- --> <\/h2>\n<p><span class=\"screen-reader-text\">list of 4 items<\/span><span class=\"screen-reader-text\">end of list<\/span><\/section>\n<p>In a sharp escalation of the dispute on Friday, China\u2019s Ministry of Foreign Affairs advised citizens to avoid travel to the East Asian country, claiming that Takaichi\u2019s comments had increased risks to their \u201cpersonal safety and lives\u201d.<\/p>\n<p>The issue continued to reverberate as Japan\u2019s stock market reopened on Monday after the weekend break, with shares of airlines and retail outlets taking sharp falls.<\/p>\n<p>Department store group Isetan Mitsukoshi fell more than 11 percent in afternoon trading, while its rival Takashimaya tumbled about 5 percent.<\/p>\n<p>Japan Airlines fell about 4 percent, while Uniqlo owner Fast Retailing dipped about 5 percent. Cosmetics company Shiseido plunged about 9.5 percent.<\/p>\n<p>China is Japan\u2019s biggest source of foreign tourists, accounting for almost one-quarter of the 31.65 million arrivals in the first nine months of this year, according to the Japan National Tourism Organization.<\/p>\n<p>Ryota Abe, an economist at Sumitomo Mitsui Banking Corporation, said Japan\u2019s gross domestic product (GDP) could shrink by about 0.5 percent in the event of a total collapse in Chinese arrivals and by about 0.1-0.2 percent if arrivals decreased by about one-third.<\/p>\n<p>\u201cEven if the number of visitors decreases 30 percent because of the heightened tensions, the negative impact will be around 0.1-0.2 percent,\u201d Abe told Al Jazeera.<\/p>\n<p>Japan\u2019s economy shrank by 0.4 percent in the three months to September, official data released on Monday showed, the first contraction in six quarters.<\/p>\n<p>Japan\u2019s Chief Cabinet Secretary Yoshihide Suga told a regular news briefing on Monday that Beijing\u2019s travel warning was inconsistent with mutually beneficial ties and that Tokyo had requested \u201cappropriate steps\u201d from the Chinese side.<\/p>\n<p>Japan\u2019s top official for Asia Pacific affairs, Masaaki Kanai, departed for China on Monday for talks aimed at lowering tensions between the sides, Japanese media reported.<\/p>\n<p>Masaaki Kanai will meet his Chinese counterpart, Liu Jinsong, in Beijing, where he is expected to clarify that Tokyo has made no change to its security policy despite Takaichi\u2019s comments on Taiwan, the reports said.<\/p>\n<p>Japan has long viewed China\u2019s threats to take control of Taiwan with concern due to the self-ruled island\u2019s close proximity to Japanese territory and its location in waters that carry large volumes of trade.<\/p>\n<p>China considers Taiwan part of its territory and has pledged to \u201creunify\u201d the island with the Chinese mainland, by force if necessary.<\/p>\n<p>Taiwan is not officially recognised by most countries but has many characteristics of a de facto independent state, including its own military and passport, and a democratically elected president and legislature.<\/p>\n<\/div>\n<p><br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Relations between Tokyo and Beijing have plummeted over Japanese leader\u2019s recent remarks on Taiwan. Published On 17 Nov 202517 Nov 2025 Click here to share on social media share2 Share Japanese shares linked to the tourism industry have nosedived following China\u2019s warning to its citizens against travelling to Japan. Relations between Tokyo and Beijing have [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2382,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-2381","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific"],"_links":{"self":[{"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/posts\/2381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2381"}],"version-history":[{"count":0,"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/posts\/2381\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/media\/2382"}],"wp:attachment":[{"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}