SEOUL, March 29 (Korea Bizwire) – South Korea’s export of cosmetics products to China jumped in the first two months of this year from a year earlier, industry data showed Wednesday, underscoring solid gains in trade despite the trade row between Beijing and Seoul over a U.S. anti-missile system. The outbound shipments of cosmetics goods [...]
BEIJING, March 28 (Korea Bizwire) – No Korean film will be shown in the upcoming film festival in Beijing, industry sources here said Tuesday in what appears to be the latest development in the on-going diplomatic feud between the two countries over an anti-missile defense system. The sources said a few Korean films were invited [...]
SEOUL, March 24 (Korea Bizwire) – A unit of Lotte Group, a South Korean retail giant currently receiving the brunt of China’s apparent economic retaliation in protest over Seoul’s deployment of a U.S. missile defense scheme, said Friday that it plans to raise a total of 360 billion won (US$320 million) via stock sales and [...]
SEOUL, March 23 (Korea Bizwire) – With the political tension between South Korea and China higher than ever over the deployment of a THAAD missile system from the U.S., the strong interest in a football match between the two countries scheduled tonight is seeing tickets resold for up to nearly 1.5 million won. Near Changsha Helong [...]
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 [...]
CHANGSHA, China, March 22 (Korea Bizwire) – Ten thousand Chinese police officers will be present at a football stadium here for security reasons when South Korea and China play their World Cup qualifying match this week, the national football governing body said Wednesday. The Korea Football Association (KFA) said the Chinese authorities have decided to [...]
SEOUL, March 22 (Korea Bizwire) – The South Korean economy might suffer some US$20 billion in losses in trade with China in the future, if the diplomatic dispute over Seoul’s installation of a U.S. anti-missile system further escalates, a report showed Wednesday. Tension is rising between the two countries after Beijing took aggressive steps to [...]
SEOUL, March 21 (Korea Bizwire) – South Korea should enhance cooperation with India, a state think tank said Tuesday, amid Chinese retaliation against Seoul over the planned deployment of a U.S. missile defense system. India has already became the world’s seventh-largest economy and is on track to become No. 5 by 2020, according to South [...]
SEOUL, March 21 (Korea Bizwire) – A majority of Chinese citizens think Beijing’s retaliation against South Korea’s Lotte Group over a missile dispute is wrong, a recent survey showed Tuesday. About 37.2 percent of those surveyed said the retaliation is “very wrong” while 19 percent said it was “wrong,” according to the survey of 2,100 [...]
WASHINGTON, March 21 (Korea Bizwire) – The United States is looking at new “diplomatic, security and economic measures” to deal with the growing nuclear and missile threats from North Korea, the White House said Tuesday. “The United States in coordination with our allies is exploring a new range of diplomatic, security and economic measures in [...]