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S. Korean Imports from Japan Drop Following Japanese Export Restrictions

S. Korean Imports from Japan Drop Following Japanese Export Restrictions

SEOUL, July 27 (Korea Bizwire) — The South Korean economy’s dependence on Japan has been on a downward trend since Japan imposed export restrictions against South Korea in July 2019, the country’s leading business lobby group said Sunday. The share of imports from Japan among overall South Korean imports fell from 9.8 percent in Q1 [...]

Japan’s Trade Curbs Pose New Downside Risk to S. Korean Economy

Japan’s Trade Curbs Pose New Downside Risk to S. Korean Economy

SEOUL, Jul. 10 (Korea Bizwire) — Japan’s tighter regulations on some high-tech exports to South Korea will serve as a new downside risk to Asia’s fourth-largest economy, which is already struggling with a U.S.-China trade war, economists said Wednesday. In a seminar on the impact of Japan’s trade curbs, Kwon Tae-shin, president of the Korea [...]

Japanese Beer Sales Drop Following Recent Export Restriction

Japanese Beer Sales Drop Following Recent Export Restriction

SEOUL, Jul. 9 (Korea Bizwire) — South Koreans are increasingly boycotting Japanese products following Japan’s recent export restrictions. At convenience stores and shopping malls, sales of Japanese beer have fallen despite the scorching summer heat, leading many to believe that the boycott movement is spreading among South Korean consumers. Emart Inc., South Korea’s largest hypermarket [...]