THAAD

Retail Asia01/06/2017

Since the Moon Jae-in government kicked off, Beijing has been easing up on retaliatory measures for Seoul’s deploying of U.S. antimissile system. According to Korean news reports, Chinese custom authorities have reduced the number of Korean products being sampled for import approvals to the level before the decision to deploy the Terminal High Altitude Defense […]

Retail Asia25/03/2017

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 loans. In a regulatory filing, Lotte […]

Retail Asia21/03/2017

South Korea has stepped up efforts to overhaul its dependence on Chinese shoppers by shifting the focus to other Asian countries. The country’s tourism sector – especially the duty-free retail industry – is bearing the brunt of the fallout triggered by the stationing of an advanced US missile defense system in Korea. In what appears […]

Retail Asia10/08/2016

Last week the Korean government announced plan to impose duty free limits to stop third party sales of cosmetics in China, and now, in an unrelated move, the China government’s threats to retaliate over Korea’s deployment of new military defence technology seems to be adding to investor fears. Korea has taken a decision to deploy […]

Retail Asia05/08/2016

Analysts warn of possible blow to tourism, retail industry A number of Chinese tourists are cancelling trips to South Korea in the wake of the country’s decision to deploy a missile defense system, a trend which experts say might lead to a blow to South Korea’s tourism industry if it continues, as the sector depends […]

Retail Asia12/07/2016

South Korean retailers and cosmetics companies are closely watching China’s moves after Korea and the US decided to deploy an advance missile defense system in the country on July 8. Neighboring China lodged a swift protest against the decision announced in the morning which is expected to further heighten geopolitical risks. Local cosmetics makers and […]

Tag: THAAD

Retaliations by Beijing for Thaad seem to be easing

Lotte affiliate to raise 360 bln won to cope with THAAD fallout

Korea looks elsewhere as Chinese shoppers vanish

Politics could add to forces working against Korean cosmetics industry

Chinese tourists cancel trips to South Korea after THAAD

Korean cosmetics makers fear losses from THAAD deployment