Via the Nikkei, a side effect of the weaker yuan and weaker economic growth in China
- "Chinese customers have been shopping less at department stores"
This is a big deal for Japan, as Chinese tourists account for 30% of all spending by foreign visitors to Japan.
Add in the new sales tax hike and Japanese retail figures ahead may not be pretty .
No end in sight for BOJ easing, but we know that. BOJ reiterating ti again today:
