Pinterest
NewsLetter DailyWeekly
 
My HanCinema | Sign up, Why ? Your E-mail   Password    Auto| Help
HanCinema :: The Korean Movie and Drama Database, discover the South Korean cinema and drama diversity Contact HanCinema HanCinema on TwitterFaceBook HanCinema PageHanCinema on Twitter

Credit Card Spending by Chinese Tourists Surges

2016/09/11 | Permalink | Source

Chinese tourists spent W4.3 trillion in Korea on credit cards alone in the first half of this year, according to a report by the Korea Culture and Tourism Institute and Shinhan Card (US$1=W1,092). That was a 5.5-fold increase from 2012.

Chinese tourists accounted for 62 percent of total credit card spending by foreigners here in the first half.

The surge shows how dependent Korea's tourism industry has become on Chinese travelers.

Some 3.81 million Chinese tourists visited Korea from January to June, accounting for 47 percent of all foreign visitors. In 2005, they accounted for just 12 percent.

Japanese came second in terms of credit card spending with W977 billion, followed by Americans (W599.1 billion), Taiwanese (W121.5 billion) and Thais (W90.8 billion).

Read this article in Korean

Attention You're reading the news with potential spoilers, make them spoiler free, dismiss


 

 

More videos

 Previous news

Subscribe to HanCinema Pure to remove ads from the website (not for episode and movie videos) for US$0.99 monthly or US$7.99 yearly (you can cancel anytime). The first step is to be a member, please click here : Sign up, then a subscribe button will show up.

Settings

Remove ads

Sign up

Sharing

Activate

Spoilers

Visible, hide

Learn to read Korean in 90 minutes or less using visual associations

About | Privacy policy | Contact | Partners

Mobile version