THAAD Archives | Be Korea-savvy
Tourists from Well-off Regions in China Returning to S. Korea

Tourists from Well-off Regions in China Returning to S. Korea

SEOUL, Dec. 24 (Korea Bizwire) — Chinese visitors from Shanghai, Guangdong Province, and economically advanced areas in China coming to South Korea have surged in number. Diplomatic sources argue that travel exchanges between China and South Korea are on the verge of recovery as China is gradually lifting its travel restrictions to South Korea originally [...]

Number of Chinese Tourists Dips 41 pct Over 3 Years on THAAD Row

Number of Chinese Tourists Dips 41 pct Over 3 Years on THAAD Row

SEOUL, Nov. 11 (Korea Bizwire) — South Korea suffered a some 41 percent tumble in the number of visiting Chinese tourists over the past three years since its decision to deploy an advanced U.S. missile defense system here, a report said Monday. A total of 4.79 million Chinese visited South Korea in 2018, down 40.6 [...]

S. Korean Duty-free Operators Going Abroad for Another Boom

S. Korean Duty-free Operators Going Abroad for Another Boom

SEOUL, Jun. 24 (Korea Bizwire) — After years of struggle in the face of a decline in Chinese tourists and increased competition, South Korea’s duty-free operators are in search of a more stable and sustainable business portfolio — to reduce their reliance on Chinese visitors and generate decent profits. The country’s duty-free business has raked [...]

Chinese Titles to Compete in Seoul Drama Awards, Signaling Possible Cultural Thaw

Chinese Titles to Compete in Seoul Drama Awards, Signaling Possible Cultural Thaw

SEOUL, May 31 (Korea Bizwire) — Following a two-year absence, several Chinese TV series are scheduled to compete in an upcoming annual drama awards event in Seoul, a possible sign of a thaw in the suspended TV content exchange between the two countries, sources said Friday. China has recently voiced its intention to submit several [...]

Duty-free Sales Hit Record High in 2018 Despite THAAD Row

Duty-free Sales Hit Record High in 2018 Despite THAAD Row

SEOUL, Jan. 14 (Korea Bizwire) — Sales at South Korean duty-free stores continued to show solid growth, reaching their highest-ever figure in 2018, despite a drop in Chinese travelers following a diplomatic row over the deployment of an advanced U.S. missile defense system here, industry data showed Monday. According to the data from the Korea [...]

Online Shopping Takes Off, but Worrying Signs from China, U.S.

Online Shopping Takes Off, but Worrying Signs from China, U.S.

SEOUL, May 4 (Korea Bizwire) — With food-related online purchases on the rise thanks to mobile delivery apps, the total volume for online shopping saw record-breaking sales in March totaling 9 trillion won. The first quarter figures for online shopping consumers from China appeared to be somewhat slower due to the lingering aftermath of the [...]