Maintaining Current Exchange Rate Important for Japan, Shirai Says

The video discusses the current state of Japan's economy, highlighting the divergence between the manufacturing and non-manufacturing sectors. While manufacturing is slowing, non-manufacturing sectors like construction and tourism are thriving, supporting moderate economic growth. The export sector faces challenges with declining profits, emphasizing the importance of maintaining a stable exchange rate. The yen's performance against the US dollar is crucial, with potential actions needed if it appreciates too much.

In what ways are tourism and urban development influencing the Japanese economy?

What challenges does the Japanese economy face with the export sector?