Economics
Coronavirus Outbreak to Hurt Japan’s Economy, LDP’s Kishida Says
- Tourism to be hit after China bans overseas travel groups
- Abe’s goal of 40 million arrivals this year already in doubt
Tourist wearing face masks gather in front of the Sensoji temple in the Asakusa district of Tokyo on Jan. 28.
Photographer: Akio Kon/BloombergThis article is for subscribers only.
The deadly coronavirus outbreak will affect Japan’s economy by hurting tourism to the nation, said Fumio Kishida, the ruling Liberal Democratic Party’s policy chief.
“There will definitely be an impact on the economy,” Kishida told national broadcaster NHK on Sunday. The outbreak “has already been prompting cancellations one after another, affecting the tourism industry.”