SEOUL — Chinese companies are increasingly shipping U.S.-bound goods to South Korea and then fraudulently exporting them as South Korean products in order to avoid steep American tariffs on imports from China, authorities here have found.
Exports falsely labeled as made in South Korea amounted to 29.5 billion won ($20.7 million) for the Janu-March quarter, with goods for the U.S. accounting for 97% of this in value terms, the Korea Customs Service said Monday.
