Thursday, May 22, 2014

News Story #3

http://the-japan-news.com/news/article/0001297797

1. This article states how in this of last month of April, tourism of Japan reached a record 1.2 million which was 33% greater than the previous year. Tourists from Asian countries such as China grew immensely such as 90%. On the other hand, one of Japan's biggest income of tourists South Korea, fell by a slight 5%.

2. This article gives a good idea of how tourism is currently doing in Japan. The article mentions how the weakening of the yen is helping to promote tourism, as foreign currencies are able to come in and have more purchasing power therefore making traveling less expensive. This then helps to keep more people coming in from nearby countries.

3. By increasing tourism, Japan is able to increase it's exports. This is a great way to try and boost its economy after the recession and increase GDP. This article is a great way to see one of the ways that Japan is interacting in the global market to try and increase its economy.

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