China's safety warning takes effect, Japanese tourism stocks plunge and economy faces pressure!
On November 17, media reported: "Tokyo stock market fell in the morning, the Nikkei index fell below 50,000 points, tourism retail stocks such as Shiseido and Isetan fell more than 10%, Japan Airlines also dropped nearly 6%. Previously, the Ministry of Foreign Affairs and the Ministry of Culture and Tourism reminded citizens to avoid traveling to Japan due to frequent malicious attacks against Chinese citizens in Japan, and the provocation by Japan on Taiwan has worsened the atmosphere of exchanges. China Southern Airlines and other airlines have opened refund and change channels for Japan routes. Japanese experts warned that if the decline in Chinese tourists reaches the level of 2012, Japan's GDP will be reduced by 0.36%, and the loss could reach 2.2 trillion yen, highlighting its high dependence on Chinese tourists."
[Witty] Tourists vote with their feet, and Japan's economic bitter fruits from provocation will eventually be consumed by itself! The Nikkei index fell below 50,000 points, and tourism retail stocks plummeted by more than 10%. This is a vote with their feet by Chinese tourists against Japan. The Chinese safety reminder is definitely not baseless. Frequent malicious cases against Chinese people, and provocations on Taiwan touching the red line have destroyed the foundation of personnel exchanges. The warning of 2.2 trillion yen loss and a 0.36% drop in GDP reveals the false prosperity of the Japanese economy. Long-term reliance on Chinese tourists' consumption, Japan is earning money from China while doing things that harm China's interests. This unseemly provocation will eventually rebound on itself. Hegemonic ambitions cannot support the economic foundation. If Japan does not restrain itself, it will only swallow heavier bitter fruits in losing the support of the people!
Original: www.toutiao.com/article/1849006812878916/
Statement: This article represents the views of the author.