[CNN Money] China is crushing South Korea’s tourism industry

 

The South Korean company feeling the brunt of China’s anger over a controversial U.S. missile system has a message for Beijing: Don’t blame us.  

 

Shin said he would like to talk directly to Chinese government officials in Beijing, but he can’t leave South Korea because of a travel ban imposed by prosecutors investigating a massive political corruption scandal.

Instead, Shin says he’s held several meetings with the Chinese ambassador in Seoul to discuss the situation. China’s unofficial retaliation has taken the form of sudden inspections, protests and boycotts.

Chinese authorities have cited fire safety issues as the reason for shutting some of Lotte’s stores and ordering a halt to construction work on the theme park.

 

Pro tip for countries looking to keep their tourism numbers up: Don’t annoy China.

 

Accessed from http://money.cnn.com/2017/04/03/news/economy/lotte-south-korea-china-thaad-shin-dong-bin/index.html?iid=EL on 27/April/2017

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