Japan, China
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Japan has experienced record levels of tourism since the end of COVID-era lockdowns, with arrivals increasing by 48 percent last year. Neighboring China is one of the largest sources of visitors, accounting for 775,500 arrivals in September alone, or 23.7 percent of the total, according to Japan Tourism Agency data.
Masaaki Kanai, director-general of the Asian and Oceanian Affairs Bureau at Japan's Ministry of Foreign Affairs, began a visit to China on Monday. Hamada said he hopes Kanai, as a special envoy for Takaichi, will bring "concrete, future-oriented proposals — especially from the business community — for rebuilding Japan-China relations".
Japan is mounting a broad diplomatic effort to ease tensions with China after Prime Minister Sanae Takaichi’s comments on Taiwan sparked a sharp backlash from Beijing that raised fears of a breakdown in economic ties.
Kimi Onoda, minister of state for economic security, has expressed concern over Japan's dependence on the Chinese economy amid an escalating
Japan has warned its citizens in China to step up safety precautions and avoid crowded places amid a deepening dispute between Asia's two largest economies over Japanese Prime Minister Sanae Takaichi's comments on Taiwan.
The first formal meeting between BOJ Governor Kazuo Ueda and new Prime Minister Sanae Takaichi could shape Japan's interest rate strategy. With market focus on potential rate hikes and currency volatility,
Japan’s economy contracted for the first time in six quarters, supporting Prime Minister Sanae Takaichi’s case to compile an ambitious economic stimulus package.
TOKYO (Reuters) -Japan's economy contracted an annualised 1.8% in the July-September quarter, government data showed on Monday, compared with a median market forecast for a 2.5% decrease. The drop in gross domestic product translated into a quarterly decrease of 0.4%, compared with a median estimate of a 0.6% decline.