SEOUL, March 3 (Korea Bizwire) – Chinese consumers are widely expected to demand more luxurious and advanced products, a report suggested Friday, urging South Korean exporters to keep up with the ever-changing taste of consumers in the world’s largest market. IT, beauty and premium were among six keywords picked to describe the latest spending trend [...]
SEOUL, Jan.26 (Korea Bizwire) – The Chinese Spring Festival, which is the biggest holiday in China, and the period when the most Chinese people travel abroad, will start in two weeks. As Chinese tourists are known for clearing out the shelves when shopping, nearby countries such as Korea and Japan are looking forward to the [...]
SEOUL, May 21 (Korea Bizwire) – Amid growing purchasing influence of Chinese tourists in the Korean market, the transaction systems of online shopping malls are becoming more and more Chinese-friendly. Lotte.com, Korea’s online shopping mall, announced on May 20 that it has developed a payment system for Chinese customers in cooperation with “Alipay,” a Chinese [...]