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Tourists Flock to Japan, but Keep Their Wallets Closed

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NewsHubTOKYO—Tourists are flooding into Japan in record numbers, but spending growth has slowed sharply in part because Chinese visitors are shying away from expensive items such as jewelry.
The Japan National Tourism Organization said Tuesday that a record 24 million foreign tourists came to the country in 2016, nearly double the figure two years earlier. Visitors from China, Taiwan and Hong Kong combined make up slightly more than half…

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