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China tour ban deals blow to Japan’s goal of 40mn visitors

Bloomberg Japan’s goal of attracting 40 million visitors this year may already be in danger, following China’s decision to ban tour groups going overseas to help contain the impact of the rapidly spreading novel coronavirus. Chinese tourists made up almost a third of all arrivals to Japan in 2019, in a year that saw visitor growth impacted by a diplomatic ...

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Face mask supplies run out across Asia

Bloomberg Face masks and hand sanitisers are becoming must-have accessories from Hong Kong to Japan as a deadly virus spreads across Asia. The only problem is getting hold of them. Pharmacies across Hong Kong sold out of masks aimed at preventing viral infection, prompting authorities to say more will arrive next week. Taiwan banned the export of masks for the ...

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China to break addiction to corporate bank loans

Bloomberg China is strengthening efforts to encourage direct financing of companies in a financial system that’s long been dominated by banks, as the private sector struggles with access to credit. Regulators in recent months relaxed rules for companies seeking listings on China’s stock markets, moving towards a registration-based system that in theory automatically green-lights applicants provided they meet set criteria. ...

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