Was the yen's depreciation an opportunity for Japan? Yes, but it didn't grasp it. Recently, everyone has found that there is no depreciation of the yen, and one dollar can now be converted into 155 yen, while 100 yen can only be converted into four yuan and more than 6 cents at the lowest point, which is quite a low figure.
You must know that just three or four years ago, 100 yen could still be converted into 6 yuan 6, 6 yuan 8 yuan, that is to say, in just three or four years, the yen fell by more than 30% against the yuan, which group is this a good thing?
Of course, this is a good thing for Chinese who are planning to study in Japan and travel to Japan. That's a 7% discount on the price of all Japanese items you see. So some people say that if you say this, Japan's tourism industry will explode.
You must know that before the epidemic, Japan was ready to take tourism as a pillar industry, and Japan also knew that it had gone downhill in industries such as home appliances, textiles, and shipbuilding, and even in the past two years, due to entering the era of electric vehicles, the market share of Japanese cars in the mainland has become less and less, so Japan especially wants to count on making a lot of money through tourism.
Really, because we are very close to Japan, every year there are a large number of Chinese willing to travel to Japan, and every time we travel, we not only have a lot of dining, hotels, attractions to spend, but also every Chinese to buy a lot of Japanese goods, so if Japan's tourism industry explodes, of course, it can make a lot of money.
The continued decline of the yen was supposed to be good for Japan, but Japan still shot itself in the foot. Although the yen has fallen recently, I asked many friends around me that they still have no plans to travel to Japan.
In terms of natural causes, we feel that Japan has entered a period of frequent earthquakes, with more than 200 people killed on the Noto Peninsula on New Year's Day, and another earthquake near Aigen Prefecture two days ago, and the probability of a major earthquake in Tokyo within 30 years is even predicted in Japan.
Japan is a country with frequent earthquakes, volcanoes, and tsunamis, so people should consider whether they may encounter natural disasters before traveling, and on the other hand, Japan has started to discharge nuclear sewage into the ocean for half a year, which makes Japan's seafood more and more unsafe.
To be honest, in China, a large number of our Japanese food stores have put up signs, saying that our raw materials do not come from Japan, all of them are from the coast of the mainland or the waters of other countries, there is no Japanese raw materials at all, no way, you don't notice, many Chinese dare not eat.
In this state, even if the Japanese currency depreciates again, even if Japanese goods are discounted greatly, few Chinese dare to travel to Japan, no way, we don't want to be guinea pigs, we dare not provoke its nuclear sewage. Therefore, if Japan had not discharged nuclear sewage half a year ago, with the rapid depreciation of the Japanese currency today, I am afraid that a large number of Chinese would have traveled to Japan long ago, and Japan's tourism industry would definitely be able to make a profit. But you drained the nuclear sewage yourself, and to be honest, you didn't save much money, but you really lost a lot of wealth.