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What happened in China?

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What happened in China?

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(1)China’s state-run duty-free shop at Incheon International Airport
(2)○ High-profile domestic companies
(3)Input 20230301 PM 147 Modified 20230301 PM 337
(4)Reporter Yoo Seonhee and Lee Seungwook.

Summary due to long article text

1 China Duty Free Shop Group, supported by the Chinese government, participates in the duty-free shop business at Incheon Airport.

2 Companies that won the bid will continue their business for 10 years from July this year.

3 This Chinese company has applied for a bid in zones 1 to 4.

Up to 2 places can be bid

4 The reason why domestic companies are in a state of emergency is that Chinese companies are more likely to eat because they are armed with Chinese government-backed ‘capital power’.

5 Also, demand for sales may be transferred to China.

Increased foreign currency exports could abuse domestic tourism as a duty-free shop tour in China. box

June Final announcement through the Korea Customs Service’s review in April

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