Diplomatic spat between Tokyo and Beijing threatens Japan's already fragile economy [CNBC]
NOMURA RSRCH UNSP/ADR (NRILY)
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Source: CNBC
Experts also told CNBC that the tensions are not expected to subside quickly, and could last for several months. Oleksii Liskonih | Istock | Getty Images Japan's fragile economy, already hurt by U.S. tariffs and declining investments in property, faces another hit due to the diplomatic spat between Tokyo and Beijing. Miffed over Japanese Prime Minister Sanae Takaichi's comments related to Taiwan, China on Friday advised its citizens against travelling to the country. Japanese tourism-exposed stocks fell in the aftermath of that warning, while experts caution the impact could be more severe over a longer duration. Mainland Chinese tourists have been the largest group of foreign visitors to Japan so far in 2025 at about 5.7 million, or nearly 23% of all visitors, according to Japan's National Tourism Organisation Takahide Kiuchi, executive economist at Nomura Research Institute, said tensions between the two Asian powers could result in a 1.79 trillion yen drop in Japan's GDP
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News
- China's pressure on Japan is a familiar tactic that could last for some time [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Nomura Research Institute (OTCMKTS:NRILY) was upgraded by analysts at Citigroup Inc. from a "strong sell" rating to a "hold" rating.MarketBeat
- Japan 'Concerned' By Yen Wobbles Ahead Of Stimulus [Barron's]Barrons
- Diplomatic spat between Tokyo and Beijing threatens Japan's already fragile economy [MSNBC.com]MSNBC.com
- Nomura Research Institute (OTCMKTS:NRILY) was downgraded by analysts at Zacks Research from a "strong-buy" rating to a "hold" rating.MarketBeat