South Korean boycott of Japanese goods hits beer and carmakers
Honda down 81% and beer sales fall 97% amid deepening spat over countries’ wartime legacy
Sales of Japanese beer and cars have plummeted in South Korea amid a consumer boycott sparked by a deepening dispute over the countries’ wartime legacy that has hit trade and security cooperation.
Japanese automakers said on Wednesday sales fell 57% in August from a year earlier, while beer sales were almost wiped out the same month with a year-on-year decline of more than 97%, according to reports.