SEOUL, Nov. 8 (Korea Bizwire) — For Chinese tourists visiting South Korea, there are must-haves that they need to buy at South Korea’s omnipresent convenience stores. CU, a major convenience store franchise, said Chinese tourists bought Binggrae Co.’s Banana-flavored Milk the most, followed by Crami Crab Sticks, Nongshim Co.’s Shin Ramyun Black Cup Noodles, herbal [...]
SEOUL, Aug. 16 (Korea Bizwire) — South Korean retailers are accelerating efforts to attract more Chinese consumers, companies said Thursday, as they strive to recover from the fallout from the diplomatic row between Seoul and Beijing over the stationing of a U.S. anti-missile system. Lotte Duty Free, South Korea’s No. 1 duty-free operator, said it [...]
SEOUL, Aug. 10 (Korea Bizwire) — Shinsegae DF Inc., the duty-free arm of South Korean retail giant Shinsegae, said Friday it is ramping up marketing efforts to lure more Chinese tourists as the company moves to expand its presence in the country’s duty-free market. Shinsegae DF said it has partnered with Ctrip to allow consumers [...]
SEOUL, Aug. 2 (Korea Bizwire) — Repeated government efforts to prevent cheap, low-quality package tours to South Korea by Chinese tourists are being questioned again as the number of travelers from the neighboring country increases, industry watchers said Thursday. The tally for June from the Korea Tourism Organization showed the volume of Chinese visitors to [...]
SEOUL, May 25 (Korea Bizwire) — South Korea’s cosmetics and tourism industries have yet to benefit much from China’s lifting of a ban on group tours to Seoul despite a recent gain in the number of Chinese visitors, sources said Friday. In March last year, China took a set of retaliatory measures against Seoul, including [...]
SEOUL, March 6 (Korea Bizwire) — Tourists from China spent an average of US$3,007 in South Korea last year, a survey showed Tuesday, with duty-free shops and cosmetics stores as the most popular shopping locations here. The average on-location spending by Chinese tourists during their visits to South Korea, excluding tour group fees and costs [...]
SEOUL, Nov. 20 (Korea Bizwire) — The trade deficit in South Korea’s tourism industry rose to a record high level in the first eight months of this year, due largely to a drop in Chinese visitors following a diplomatic row between Seoul and Beijing over a U.S. missile defense system here, data showed Monday. The [...]
SEOUL, Nov. 9 (Korea Bizwire) – Expectations are running high ahead of a presidential summit between South Korea and China that China’s months-long economic retaliation over the politically charged THAAD anti-missile systems might be finally coming to an end. It was the agreement between foreign ministers from both countries last month to recover and improve the [...]
SEOUL, Nov. 8 (Korea Bizwire) — South Korea’s major retailers are pumping up efforts to prepare for a potential inflow of Chinese tourists amid signs of a thaw in Sino-Korean relations, industry sources said Wednesday. Last week, Seoul and Beijing agreed to put bilateral ties back on track, setting aside their bitter row over the [...]
SEOUL, Aug. 31 (Korea Bizwire) — Representatives of duty-free shops at Incheon Airport have called on the airport officials to consider dropping the price of rent temporarily amid China’s economic retaliation over the South Korean deployment of a THAAD anti-missile system, which has had a devastating impact on the local tourism industry. According to industry sources, [...]