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Chinese shoppers boost South Korean retail

According to a survey released by payment company Visa, Chinese mainland tourists’ spending in South Korea ranks third globally, following only the US and Japan. In terms of nationality, American tourists’ expenditures are notably high in dining (21%) and food stores (5%). Japanese tourists spend significantly on medical services (17%) and retail shops (15%). Chinese mainland tourists, on the other hand, allocate a higher proportion of their spending to retail shops (21%), department stores (15%), and clothing and grocery stores (11%).

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