From steel to kimchi, South Korean exporters face flood of Chinese rivals
==========
South Korean exporters, including kimchi producers, are facing increased competition from low-cost Chinese goods; South Korea imported more kimchi in H1 2024 than it exported, primarily from China, with prices of Chinese kimchi being six times lower than Korean; despite predictions of benefiting from US and EU tariffs on China, South Korea's export value has risen monthly since October 2023.
#SouthKorea #China #Exports #Kimchi #Competition #Economy #Trade #Tariffs #Manufacturing #Market
https://www.ft.com/content/52c558d6-37cf-4bd6-a087-d0f526bc1180
Financial Times /
npub1ey…0tq7p
2024-09-17 01:56:06
Author Public Key
npub1ey55s7y4px7nuw9qq987mhc2lm8qp30xvyrkgqk9p626n78zfcxqw0tq7pSeen on
wss://relay.damus.ioPublished at
2024-09-17 01:56:06Event JSON
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"content": "From steel to kimchi, South Korean exporters face flood of Chinese rivals\n==========\n\nSouth Korean exporters, including kimchi producers, are facing increased competition from low-cost Chinese goods; South Korea imported more kimchi in H1 2024 than it exported, primarily from China, with prices of Chinese kimchi being six times lower than Korean; despite predictions of benefiting from US and EU tariffs on China, South Korea's export value has risen monthly since October 2023.\n\n#SouthKorea #China #Exports #Kimchi #Competition #Economy #Trade #Tariffs #Manufacturing #Market\n\nhttps://www.ft.com/content/52c558d6-37cf-4bd6-a087-d0f526bc1180",
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