A K-pop concert that was set to be China’s largest in nearly a decade has been indefinitely postponed, highlighting the hurdles to reopening the world’s No. 2 consumer market to South Korean entertainment.
The Dream Concert was expected to be a watershed moment for the K-pop industry, with multiple groups set to perform at a 40,000-seat stadium in Hainan — an event seen as a possible end to Beijing’s long-standing informal ban on South Korean acts. Organizers said this week that the show has been postponed without a new date or further explanation. Earlier, girl group Kep1er also said their Sept. 13 show in Fuzhou has been canceled due to “inevitable circumstancesBloomberg Terminal.”