Visitors admire blooming fields of wild lavender next to Lake Kawaguchi against the backdrop of Mount Fuji at Oishi Park in Yamanashi, Japan, on July 19. The Japanese government’s ‘Go To Travel’ domestic tourism campaign is among its many efforts to sustain the country’s economy amid a drop in foreign visitors. Photo: EPA-EFE Visitors admire blooming fields of wild lavender next to Lake Kawaguchi against the backdrop of Mount Fuji at Oishi Park in Yamanashi, Japan, on July 19. The Japanese government’s ‘Go To Travel’ domestic tourism campaign is among its many efforts to sustain the country’s economy amid a drop in foreign visitors. Photo: EPA-EFE
Visitors admire blooming fields of wild lavender next to Lake Kawaguchi against the backdrop of Mount Fuji at Oishi Park in Yamanashi, Japan, on July 19. The Japanese government’s ‘Go To Travel’ domestic tourism campaign is among its many efforts to sustain the country’s economy amid a drop in foreign visitors. Photo: EPA-EFE
Rupakjyoti Borah
Opinion

Opinion

Eye on Asia by Rupakjyoti Borah

How RCEP and domestic demand are boosting Japan’s hopes for economic recovery

  • Japan’s fortunes appear to be looking up as its economy grew 5 per cent in the third quarter with jumps in private consumption and exports, especially to China
  • Challenges still loom, though, with uncertainty over US-China relations, the fate of the Tokyo Olympics and a worrying spike in Covid-19 cases

Visitors admire blooming fields of wild lavender next to Lake Kawaguchi against the backdrop of Mount Fuji at Oishi Park in Yamanashi, Japan, on July 19. The Japanese government’s ‘Go To Travel’ domestic tourism campaign is among its many efforts to sustain the country’s economy amid a drop in foreign visitors. Photo: EPA-EFE Visitors admire blooming fields of wild lavender next to Lake Kawaguchi against the backdrop of Mount Fuji at Oishi Park in Yamanashi, Japan, on July 19. The Japanese government’s ‘Go To Travel’ domestic tourism campaign is among its many efforts to sustain the country’s economy amid a drop in foreign visitors. Photo: EPA-EFE
Visitors admire blooming fields of wild lavender next to Lake Kawaguchi against the backdrop of Mount Fuji at Oishi Park in Yamanashi, Japan, on July 19. The Japanese government’s ‘Go To Travel’ domestic tourism campaign is among its many efforts to sustain the country’s economy amid a drop in foreign visitors. Photo: EPA-EFE
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