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| Above, the Saikai Bridge near Sasebo on Kyushu. Photo by Armand Vaquer. |
Japan's economy is being driven by the surge of foreign tourists, according to CNBC.
This isn't surprising given the favorable foreign exchange rate in Tokyo between the U.S. dollar and other currencies against the Japanese yen.
February's number of foreign visitors hit a new record.
According to an article from Kyodo News:
The number of foreign visitors to Japan in February rose 16.9 percent from a year earlier to a record 3.26 million for the month, driven by strong demand for winter sports and the Chinese New Year holiday trailing into the month, government data showed Wednesday.
The figure topped 3 million for the first time in February, driven by a surge in visitors from Australia and the United States, the Japan National Tourism Organization said.
By country and region, South Korea led with 847,300 visitors, up 3.5 percent and a record for the month. China followed with 722,700 visitors, a 57.3 percent increase, driven in part by expanded flight connections between the two countries.
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