NUMBER OF THE DAY
That’s how many flight tickets to Japan have been cancelled by Chinese airlines since Saturday.
✈️ Mass cancellations instead of Sakura trips: On Sunday, every new booking was met with 27 cancellations. In total, 32% of Japan-bound bookings have already been scrapped.
⚠️ Diplomacy freezes travel: After Beijing’s travel warning and rising tensions over Tokyo’s comments about a possible military role in a Taiwan conflict, airlines are now offering full refunds.
Watch: The cancellation wave is pushing Japan’s tourism levels back near Covid territory. Airline and retail stocks have dropped by up to 10%, and economists warn that a sharp fall in Chinese visitors could shave up to 0.5 percentage points off Japan’s GDP.
The China Survival Guide for Western Businesses
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