Renminbi's slide against the yen may dampen Japan's tourism boom
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Tokyo
JUST as Japan is celebrating 2015's record number of tourist arrivals from China and elsewhere, the accelerating slide of the Chinese renminbi and other Asian currencies against the yen threatens to undermine what for Japan has become a significant source of national income.
A record number of nearly 20 million tourists and other travellers are estimated to have visited the Land of Cherry Blossoms last year and spent an estimated 3.5 trillion yen (S$42.2 billion) while at it - nearly twice the previous record.
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