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Opinions grow against Kumho Tire sales

금호타이어 중국매각 반대광주지역 여론 확산

Opinions grow against Kumho Tire sales

 

Voices against the sale of Kumho Tire Co. to a Chinese tiremaker are growing in the region.

 

The City of Gwangju, City Council, Gwangju Chamber of Commerce and Industry and other local organizations are releasing their thoughts on the sale of the local tiremaker.

 

The City of Gwangju sent out a press release yesterday saying "creditors' stances regarding the sale and the proceedings until now have made people anxious and are worried about it becoming true."

 

Gwangju Mayor Yoon Jang Hyeon issued his own stance on the matter saying ‘the sale of Kumho Tire is beyond the matter of selling one to another, it is matter of national security and life or death for local workers.’

 

The City Council said in its statement that the sale should be reviewed based on the matter of national security, protecting the defense industry and developing the local economy.

 

Gwangju Chamber of Commerce commented in its statement that it feels sorry that the creditors are putting too much focus on the economic benefit and formal factors without considering the side effects imposed on national interest and the local economy.

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