Beijing, Seoul start new chapter
By Zhu Wenqian | China Daily | Updated: 2015-12-23 08:15
Under the new free trade agreement, South Korean cosmetics and appliances will get cheaper and ubiquitous in China
Popular South Korean cosmetic products like cushion foundation, facial masks and other food and consumer products are going to be cheaper and more widely available in China.
From Dec 20, South Korea and China started implementing their bilateral free trade agreement or FTA and reduced taxes on either side. There will be a further tax cut on Jan 1, the Ministry of Commerce in Beijing said.
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