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Business trends

China's 'daigou' shock hits luxury goods sales in Japan

Beijing's crackdown on private importers has bulk buyers cutting back

Chinese tourists visiting Japan for the Lunar New Year holiday buy rice cookers at a duty-free shop in Akihabara. (Photo by Ken Kobayashi)

TOKYO -- China's crackdown on private imports of luxury goods is hitting retailers and high-end brands in Japan, which are already grappling with a weakening Chinese economy.

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