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Strong yen begins to threaten Japan's tourism boom of recent years

Japanese media reported spending by foreign visitors decreased in the third quarter of this year, compared with a year earlier, for the first time in over four and a half years.


TRADITIONALLY a manufacturing giant that relied upon exports for its wealth, Japan has been viewed more recently as becoming increasingly dependent on tourism to fuel its growth. But as data published this week has revealed, the real dependency of the world's third largest economy...

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