Japanese tourism, retail stocks tumble as China warns citizens against travel amid Taiwan dispute

Japanese tourism and retail shares fell sharply after China warned its citizens to avoid traveling to Japan due to comments by Prime Minister Sanae Takaichi about Taiwan. China and Japan's diplomatic tensions have escalated, with both countries summoning each other's ambassadors and China advising its citizens to avoid Japan. Japan's economy shrank by 0.4 percent in the third quarter, with experts warning that tensions with China could lead to a trade spat affecting exports and rare earths.