
The Weak Yen and the Sense of a 'Japan Being Bought Up'
Three stories surfaced together as markers of Japan's changing economic position: a 14.2% drop in Chinese carmaker BYD's Japan sales, Japanese increasingly priced out of overseas travel by the weak yen, and retro games surging in price and flowing abroad as foreign buyers snap them up. Schadenfreude toward the Chinese EV maker mixed with resignation and unease about real 'impoverishment' and the outflow of cultural assets. The underlying note across all three is a relative decline in economic standing.
