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Japanese Retail and Tourism Shares Plummet Amid Diplomatic Spat with China
ByAinvest
Sunday, Nov 16, 2025 11:26 pm ET1min read
Japanese tourism and retail shares have plummeted after Beijing warned citizens against traveling to the country, amid a deepening diplomatic spat between the nations. Shiseido Co. dropped 11.4%, Pan Pacific International Holdings fell 9.7%, and Tokyo Disney Resort operator Oriental Land Co. shares declined 5%. The warning threatens tourism-led sales growth expectations for Japanese retailers and raises the risk of boycotts of Japanese goods in China.
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