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Which companies in Korea are facing bankruptcy?

The impact of the epidemic in South Korea has gradually become white-hot, and many small and medium-sized enterprises in South Korea are facing bankruptcy, including manufacturing, retail, catering, tourism and some private education industries. The manufacturing industry is unable to sustain itself because its exports are blocked and there are no orders. The retail industry, because during the epidemic, most people are isolated at home, no longer shopping on the streets, and there is no customer source. Under the high rent, these retail businesses have to close down. Private schools, because they need to strictly abide by epidemic prevention measures, can't have too many students in a class, and under the condition of poor enrollment, coupled with the increase in labor costs, these private schools are struggling and difficult to support.

The catering industry and tourism industry should be the most affected by the epidemic, because during the epidemic, most Korean people are afraid to choose to eat out, because all restaurants in South Korea are in a state of extreme depression. And because the epidemic situation in all parts of Korea is not optimistic, the tourism industry has not recovered so far and has been in a downturn. Moreover, Korean tourism mostly depends on foreign tourists, especially China tourists. Because the epidemic situation in South Korea is not optimistic, most foreign tourists are afraid to enter South Korea. Of course, because some countries in Europe, America and Southeast Asia have very serious epidemics. South Korea is also afraid to accept foreign tourists.

in this case, the tourism industry is almost in a state of suspension, and the catering industry is in a state of continuous downturn. Today, South Korea is the first in the world to announce that South Korea has entered the second wave of epidemic. All walks of life, which suffered heavy losses in the first half of the year, are now frustrated again. Faced with the unexpected expenses, most small and medium-sized enterprises are not only in a state of loss, but also in a state of bankruptcy and liquidation.

It is conceivable that the economic impact of the epidemic in South Korea is becoming more and more prominent. South Korea's economy is the epitome of the world economy, which is the case in many countries. The economy is very poor and all walks of life are in a difficult stage.