China warns citizens against Japan travel
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The Japanese economy shrank by 1.8 percent compared to the same quarter last year, as U.S. tariffs dampened automobile exports and prompted a bleak outlook for growth.
Weakness to bolster Prime Minister Sanae Takaichi’s case for further stimulus to support struggling households
TOKYO—The Japanese economy contracted for the first time in six quarters, further complicating the timeline of the central bank’s next interest-rate hike.Real gross domestic product shrank 0.4% on a quarter-over-quarter basis,
China sent Coast Guard ships near disputed islands and warned travelers and students about safety risks in Japan. The escalation is over comments on Taiwan by Japan’s new prime minister.
China and Japan have repeatedly faced off around the Japan-administered islands, which Beijing calls Diaoyu and Tokyo calls the Senkaku.
Japan’s economy has declined at an annualized rate of 1.8% in the July-September period, as President Donald Trump’s tariffs sent the nation’s exports reeling downward
Japan’s economy contracted for the first time in six quarters, supporting Prime Minister Sanae Takaichi’s case to compile an ambitious economic stimulus package.
Bear sightings and attacks have increased in parts of Japan, especially in municipalities close to or adjacent to populated zones,” the U.S. Embassy said in a wildlife alert.
By Rocky Swift TOKYO (Reuters) -Japanese tourism-related shares plunged on Monday after China warned its citizens against travel to its North Asian neighbour following a widening diplomatic rift over Taiwan.