China Capital Flows into S. Korean Entertainment Agencies

SEOUL, Jan. 26 (Korea Bizwire) – More Chinese companies are becoming major stakeholders of South Korean entertainment agencies, a trend that could be positive for the expansion of “hallyu,” or the worldwide popularity of Korean culture, but worrisome for its long-term future. Chinese investors have injected 3 trillion won (US$2.5 billion) over the past five [...]