China travel warning for Japan sends shares in tourism and retail companies plunging

• China has warned its citizens not to travel to Japan, which has resulted in a sharp decline in shares of Japanese tourism and retail firms. This warning comes after Prime Minister Sanae Takaichi suggested that Japan's self
• The decline in tourism and retail shares reflects the immediate economic impact of strained relations, highlighting the vulnerability of these sectors to geopolitical tensions. The travel warning could deter Chinese tourists, who are significant contributors to Japan's economy.
• The situation underscores the fragile state of Japan

— via World Pulse Now AI Editorial System