For the first time in 44 years, in the first half of 2015 there were more inbound tourists than Japanese going overseas. The forecast for inbound tourists for 2015 is now around 18m.
The Middle East Respiratory Syndrome (MERS) outbreak in South Korea has knocked the stuffing out of the tourism industry there. Apparently the number of Chinese tourists fell by 54% in June.
Sales of residential property to Chinese and Taiwanese are up 70% in the first quarter of 2015, according to leading Taiwan listed realtor, Sinyi Realty.