A Secret Tunnel, a $700 Billion Export Milestone, and One Big Question About Korea's Future
This article is based on reports from Biz, Dt, Seoul Economic Daily.

This article is based on reports from Biz, Dt, Seoul Economic Daily.
Seoul City has announced that a 3,200 square meter underground space beneath Seoul Plaza, hidden for 40 years, will open in October as a K-culture experience platform featuring media art, K-fashion runways, and K-pop pop-up stores.
From XLOV's first-ever award win and a second mini-album on the way, to Hearts2Hearts crossing 100 million Spotify streams with "RUDE!", plus a major economic report arguing K-beauty and K-food could power South Korea to trillion-dollar export territory β it's been a big week for Korean culture.

South Korea's cosmetics industry has crossed the $10 billion trade surplus mark for the first time ever, overtaking the United States to become the world's second-largest cosmetics exporter behind France.

Female tourists now account for nearly 60% of all foreign visitors to South Korea, driven by hallyu-fueled interest in K-beauty and K-food β and Korea is pulling out all the stops to keep the momentum going.