Chinese investors follow tourists to Japan

Investments in Japanese resorts, hotels, property point to a clear pattern

That hordes of Chinese tourists love to visit Japan is well known, but not so well known is Chinese companies' penchant to invest in the Land of the Rising Sun.

Take Shanghai Yuyuan Tourist Mart Co Ltd for instance. On Nov 11, it announced it has acquired a 100 percent stake in Hoshino Resorts Group's 11-year-old, 25-track, 757-room ski destination Resort Tomamu, located in Japan's northernmost island Hokkaido, for 18.36 billion yen ($148.7 million).