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Japan's travel balance turns positive 1st time in 55 years

TOKYO -- Investment and services are playing an increasingly large role in fueling Japan's growth, a shift from the model that long relied on exports of cars, appliances and other goods to drive the economy.

     According to the Ministry of Finance's balance of payments statistics for fiscal 2014, released Wednesday, Japan's travel balance moved into the black for the first time since fiscal 1959 thanks to robust spending by foreign visitors.

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