The Japanese economy could lose about 1.49 trillion yen (US$9.59 billion) over the next year if travellers from mainland China continue to avoid Japan over a row that has derailed the growth in arrivals seen earlier this year, an economist at the Tokyo-based Nomura Research Institute has projected. Takahide Kiuchi, the institute’s executive economist, made the calculation after Beijing told Chinese citizens last week to refrain from travelling to Japan following comments about Taiwan by new...
