7 in 10 foreign shop owners in Korea are Chinese nationals

Chinese nationals account for more than 70 percent of foreign owners of small businesses in South Korea, highlighting how one group has come to dominate the country’s foreign-operated service economy, according to a government-affiliated research institute. A report released Monday by the Korea Immigration Service Foundation found that 72.5 percent of foreign small business owners registered as individual merchants with Shinhan Card as of June were Chinese nationals. The next largest groups were