Consumer confidence in Korea lowest among OECD members

Well chinese tourists were definitely a big market for korean cosmetics. Not only thaad, but apparently there are chinese companies making cosmetics and labeling them "made in korea" to sham costumers. Again, this type of lack of innovation and copying is basically unrestricted by the government, and in many cases is encouraged to bring in more money for domestic companies. This is basically how the iPhone and samsung market share dropped in china, because domestic companies like Oppo and Xiaomi literally use cheap products, lack innovation and got a lot of ummm "influence" from foreign smartphone companies, and are promoted more in china. The government taxes iPhones and Samsungs. If a foreigner or foreign company tries to sue the chinese company in china, the government will always side with the chinese company just like the Jordan - Qiaodan incident. Lmao

/r/korea Thread Link - koreaherald.com