Chinese retaliation Archives | Be Korea-savvy
Duty-Free Store Openings Postponed in Fear of Chinese Retaliation Over THAAD

Duty-Free Store Openings Postponed in Fear of Chinese Retaliation Over THAAD

SEOUL, June 1 (Korea Bizwire) – Amid fears of further Chinese economic retaliation over the South Korean deployment of a THAAD missile defense system, duty-free stores that were scheduled to open soon are scrambling to postpone their opening date. Last week, the Korea Duty Free Shops Association (KDFA) made an official request to the Korea Customs [...]

Lotte Doubles Down on Pandering to Chinese as Last Resort to Little Avail

Lotte Doubles Down on Pandering to Chinese as Last Resort to Little Avail

SEOUL, March 28 (Korea Bizwire) – As desperate times call for desperate measures, South Korean conglomerate Lotte is doubling down on its all-out efforts to pander to the Chinese market after 87 Lotte Mart stores were shut down by the Chinese government. Lotte’s unexpected move to send its Chinese consumers a message of understanding and [...]

Facing China’s Retaliation over THAAD Row, S. Korea Realizes Value of Other Asian Tourists

Facing China’s Retaliation over THAAD Row, S. Korea Realizes Value of Other Asian Tourists

SEOUL, March 22 (Korea Bizwire) – South Korea’s tourism sector is moving to cope with the drop in the number of inbound Chinese tourists by moving to attract more locals and Southeast Asian visitors, industry sources said Wednesday. The number of Chinese tourists, who accounted for roughly half of the 16 million foreigners who visited [...]

THAAD Deployment: South Korean Government Faces Criticism as Businesses Suffer

THAAD Deployment: South Korean Government Faces Criticism as Businesses Suffer

SEOUL, March 20 (Korea Bizwire) – Acting President Hwang Gyo-Ahn’s leadership is being questioned as public criticism grows over the government’s passive attitude towards China’s THAAD retaliation. Critics in South Korea are voicing concern over the apparent lack of countermeasures and complaints from government officials in the face of a series of retaliatory acts from Beijing, [...]