S. Korea losing Chinese, Japanese tourists

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The volatility of the tourist industry is a well-known point, despite its lucrative trait. South Korea is now seeing an impending gip in tourist arrival as :

1) Unhappy with South Korea's decision to deploy an American missile defence system on a site south of Seoul, Beijing has imposed curbs on goods and services from South Korea, as well as Chinese tours to the country. As a result, the number of Chinese tourists to South Korea dropped 39.4 per cent last month from a year ago, South Korea's Ministry of Culture, Sports and Tourism said.

2) As for Japanese visitors, a previous increase has been nipped as a result of escalating tension on the Korean peninsula, with fears that North Korea is preparing for another nuclear test.

Keep in mind other contributors to the volatity of tourism: economic recession, terrorist attack, natural disaster, diplomatic spats btw countries, and in the case of US currently, the hostility towards migrants/foreigners, esp Muslims. If you are a Muslim or Chinese, you probably want to give the US a miss as a travel destination, given the deepset prejudice against such people.

For Qns on the viability of tourism for a country's economy.....