In August 2025, Japan reached a historic milestone in inbound tourism. According to the Japan National Tourism Organization (JNTO), an estimated 3,428,000 overseas visitors came to Japan that month—up 16.9% year-on-year.
As the Xi Jinping administration intensifies its confrontational stance towards the U.S., it is speeding up domestic production of semiconductors which are “the rice of industry,” in fear of decoupling from the international supply chain.