$20,000 annual pay: Japan's weak yen drives away Asian talent

Companies face trouble recruiting students from China, Taiwan and South Korea

20240508N Peking University classroom

Recruitment company Asia to Japan is seeing less interest to work in Japan from students in China, Taiwan and South Korea. (Asia to Japan)

JUN YAMAZAKI, Nikkei staff writer

TOKYO -- With the yen hovering around 157 against the dollar, the Japanese currency's rapid depreciation has created problems for the country beyond costly imports, including by depressing wages in dollar terms and driving away foreign talent.

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