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Incheon Airport to Open Chinese Duty-Free Shops… Aftermath of Breakdown in Rental Negotiations
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[Digital Daily Reporter Yoo Chae-ri] Negotiations between Incheon International Airport Corporation and Shinsegae Duty Free and Shilla Duty Free have broken down over rent adjustments. Concerns are rising that Shilla Duty Free and Shinsegae Duty Free may withdraw from Incheon Airport. With the possibility of Chinese state-owned duty free shops entering the market, concerns are also rising that the foundation of the duty free business at Korea's …
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