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Cashed-up Chinese switch sights to Japan as weak yen lures tourists

Eager to take advantage of a weak yen, cashed-up mainlanders are trekking to Japan in droves. But what does this mean for Hong Kong?

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He Huifengin Guangdong
Illustration: Lau Ka-kuen
Illustration: Lau Ka-kuen
Guangzhou native Elisa Liang cannot wait for her maiden trip to Japan later this month. The week-long tour to five Japanese cities will cost about 10,500 yuan (HK$13,200), and she will be bringing twice that amount as she has already prepared a long shopping list.

"In recent months, every time I start up my WeChat app, I will see the friends on my feed showing off what they ate and bought in Japan," said the 37-year-old white-collar worker.

"I have to go there too, as soon as possible, as I don't want to be the last one to do it."

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It was not until early last year that Japan saw a rise in Chinese tourists, following the fall of the yen against the renminbi and its relaxed visa policy.

But now, they are coming in droves.

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Nearly 2.41 million Chinese tourists visited Japan last year - an 83 per cent rise from 2013 - and each spent an average of 12,000 yuan, the Japan National Tourism Organisation said.

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