Search results for “THAAD”
South Korean businesses suffer major decline from China arrivals downturn
08/07/2017|11:20:24 PM|
Reduced visitor arrivals from China drove down profit of Lotte Department Store and Lotte Mart by 49% and sales volume by 4.3%; while demand for Lotte milk powder and candies also shrank drastically in ongoing THAAD fallout .
The rise and fall of China outbound travel to South Korea
08/10/2017|2:07:29 PM|
China outbound travel is booming and has a long way to go before maturity. Individual destinations should pursue the market, but be cognizant of the risks.
Cruises boom as millions of Chinese take to the seas
05/17/2017|8:57:50 PM|
Cruise operator firms like Royal Caribbean and Carnival Corp have sent an armada of luxury vessels to China to tap the world’s fastest-growing market, but they face turbulent waters.
Spring Airlines posts 28.42% slump in 2016 net profit
04/05/2017|9:53:57 AM|
China’s biggest low-cost carrier reported a 28.42% fall in net profit for 2016. The airline also announced that its chairman Mr. Zhenghua Wang has stepped down and been replaced by his son and former president of the company, Mr. Yu Wang.
Lotte's theme-park project halted amid Sino-Korea tensions
02/08/2017|11:04:26 AM|
South Korea's Lotte Group said the Chinese government ordered the halt of the company’s 3-trillion-won (USD 2.6 billion) theme-park project in northeastern China, according to a Bloomberg report.
China ire over missile defense worries South Korea’s tourism
07/15/2016|8:04:30 PM|
Visitors from China account for majority of duty-free sales in South Korea; backlash against Thaad deployment in South Korea feared.
Tension between South Korea and China is hurting tourism
03/07/2016|6:35:25 AM|
South Korean consumer shares are now among the nation’s worst performers this year as a missile spat cools the relations with China.
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