Chinese shoppers a boon to Japan's flagging retailers

Chinese shoppers are rushing to Japan to pick up products unavailable at home, which is a boon for a retail industry suffering from falling household spending.

Chinese shoppers a boon to Japan's flagging retailers

Chinese shoppers are heading across the East China Sea to Japan for a fire sale, and changing the Japan-China economic relationship in the process.

China, although the world’s second-largest economy, is still home to many poor people. Chinese gross domestic product on a purchasing power parity basis divided by population ranked a lowly 125th place, at an estimated $7,600 in 2010, well behind 34th placed Japan with an estimated $34,000, according to figures from the...

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