Japanese Product Boycott in Korea Supposedly Grows

So when is a journalist ever going to ask these people boycotting Japanese products why they are not boycotting Chinese products? China has a longer history of trade retaliation against Korea over the THAAD dispute:

As soon as supermarket manager Cho Min-hyuk got to work the day after Tokyo imposed curbs on exports to South Korea, he pulled all Japanese products off the shelves.

It was Cho’s way of taking a stand against Japan in a quickly worsening political and economic dispute between the two east Asian neighbors. 

Such anger has prompted a widespread boycott of Japanese products and services, from beer to clothes and travel, disrupting businesses in what was already the worst economic climate for South Korea in a decade. 

Cho, who manages a 1,500 square meter Purunemart supermarket in Seoul, is taking the hit voluntarily. Over 200 other supermarkets and grocery stores are doing the same, according to Korea Mart Association, a trade group representing them. (…..)

The country’s top two convenience stores CU and GS25, run by BGF Retail (282330.KS) and GS Retail (007070.KS), told Reuters sales of Japanese beer plunged 21.5% and 24.2%, respectively, in the first two weeks of July from the previous two-week period. E-Mart (139480.KS) reported a 24.6% fall.

Reuters

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