The decrease in Chinese tourists to Japan has impacted the Japanese retail industry

Wallstreetcn
2026.01.22 03:53

Recently, influenced by the erroneous remarks of Japanese Prime Minister Sanae Takaichi and other factors, the number of Chinese tourists visiting Japan has significantly decreased, which has also impacted Japan's retail industry. The latest data released by four major department stores in Japan at the beginning of January shows that the duty-free sales in December 2025 have all declined month-on-month, with some companies experiencing a sales drop of up to 40% aimed at Chinese tourists. (CCTV News)