Wednesday, December 27, 2017

Never-ending trade wars

Korean is in the middle of politics influencing trades.

* If we imposed 300% tax on their airplanes, will the Canadians counter measure. When Boeing cannot compete, they ask the government to 'do' something. It is not smart politics.

* Chinese tourists mean a lot to Korea, but not the other way round. So, it is a big blow esp. before the winter Olympics. There are several tourist attractions in China the Koreans like to visit. Besides the language, I could tell when I was in China. I believe Korean companies and.or government have allocated funds for them to travel.

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