China is Korea’s main trade partner in East Asia and one of its key economic and trade partners worldwide.The two countries have complementary industrial structure and a long history of trade exchanges.However,agains...China is Korea’s main trade partner in East Asia and one of its key economic and trade partners worldwide.The two countries have complementary industrial structure and a long history of trade exchanges.However,against the backdrop of a return to global trade protectionism and the politicization of international affairs with Yoon Suk-yeol coming to power,South Korea has undertaken a strong trade shift toward the United States(US),triggering a change in the pattern of economic cooperation in East Asia and challenging the regional trade structure.A review of the trade policy agenda of the Yoon Suk-yeol administration toward the US and China,along with a comparative review of Korea’s foreign trade stance under Moon Jae-in,allows for an analysis of the turnaround and characteristics of Yoon’s trade policy toward China during his tenure.The implications for global trade governance and regional security are further analyzed with an aim of finding a Nash equilibrium in trade cooperation among East Asian countries.展开更多
The Arbitration Law of the People’s Republic of China will go into effect on September 1, 1995, which has become the focus of world attention. This is an important law promulgated by China for handling economic dispu...The Arbitration Law of the People’s Republic of China will go into effect on September 1, 1995, which has become the focus of world attention. This is an important law promulgated by China for handling economic disputes. All the parties concerned are making intense preparations for the successful enforcement of the Law. As the first nongovernmental organisation engaged in arbitration affairs, the China Council展开更多
In recent years,China’s foreign invest-ment and cooperation have grown rapidly,making contributions to both the host country and the world economy.In the year of 2016,China’s FDI reached USD 196.15 billion,which was...In recent years,China’s foreign invest-ment and cooperation have grown rapidly,making contributions to both the host country and the world economy.In the year of 2016,China’s FDI reached USD 196.15 billion,which was up 34.7%year-on-year and ranked second in the world.So far,China has 99 overseas cooperation zones under construction,all of which boost local industrial develop-ment and serve as important platforms for China and relevant countries to carry out investment cooperation.展开更多
June was a busy month for Sino-African events, with China hosting both the *Coordinators Meeting on the Implementation of the Follow-up Actions of the Beying Summit of the Forum on China- Africa Cooperation (FOCAC) in...June was a busy month for Sino-African events, with China hosting both the *Coordinators Meeting on the Implementation of the Follow-up Actions of the Beying Summit of the Forum on China- Africa Cooperation (FOCAC) in Beijing on June 24-25, and the First China-Africa Economic and Trade Expo (CAETE) in Changsha, capital of central China's Hunan Province, on June 27-29.展开更多
The President of the Republic of Korea (ROK) Roh Moo-hyun announced that Ko- rea fully recognized China’s market economy status. Roh’s announcement was made during a joint press conference with Chinese President Hu ...The President of the Republic of Korea (ROK) Roh Moo-hyun announced that Ko- rea fully recognized China’s market economy status. Roh’s announcement was made during a joint press conference with Chinese President Hu Jintao. who was on a state visit to ROK in November. China is now the largest trading part- ner of ROK, with trade volume between the two countries expected to reach 100 billion US dollars this year. The two leaders agreed that the bilat- eral trade volume should be doubled to 200 billion US dollars by 2012. A significant milestone having been reached between the two countries, what kind of impact can be expected to follow from the events in regards to the bilateral economic and trade relations between China and ROK? With such questions in mind. China’s Foreign Trade reporters in- terviewed Kim Ha-joong. Ambassador of ROK to China.展开更多
The structure of China’s foreign trade now conforms basically to international trade norms China will set up a legal system for foreign trade and economic cooperation in three years Foreign investment enterprises wil...The structure of China’s foreign trade now conforms basically to international trade norms China will set up a legal system for foreign trade and economic cooperation in three years Foreign investment enterprises will enjoy national treatment China shall become the member of the World Trade Organization at the earliest possible展开更多
Sales of means of production to approach 4,000 billion yuan According to a spokesrnan of the State Internal Trade Bureau, the influence of the growth of investment in infrastructure construction to the capital gods ma...Sales of means of production to approach 4,000 billion yuan According to a spokesrnan of the State Internal Trade Bureau, the influence of the growth of investment in infrastructure construction to the capital gods market will not manifest itself until the last quarter of this year. If the investment展开更多
Since he took office, the new US president, Donald Trump, has unveiled his broad economic policy—now called Trumponomics. It emphasizes neoliberalism at home, less government regulations, more growth and weakening th...Since he took office, the new US president, Donald Trump, has unveiled his broad economic policy—now called Trumponomics. It emphasizes neoliberalism at home, less government regulations, more growth and weakening the welfare state. Internationally, Trumponomics embraces protectionism and nativism with a focus on US economic interests. Trumponomics caters to the lower-middle classes, a reflection of the country's current economic and diplomatic challenges. Trumponomics will bring uncertainty to China-US economic and trade relations. China should carefully study the policies of the Trump administration and prepare contingency plans.展开更多
From May 28th to June 1st, 2007, the Standardization Administration of the People's Republic of China (SAC) organized a series of cooperation activities with the American Institute of Standards and Technology ... From May 28th to June 1st, 2007, the Standardization Administration of the People's Republic of China (SAC) organized a series of cooperation activities with the American Institute of Standards and Technology (NIST) and the American National Standards Institute (ANSI).……展开更多
Minister of Foreign Trade and Economic Cooperation Wu Yi made a report entitled Opportunity and Prospects: Basic Thoughts on the Development of China’s Foreign Trade and Economic Relations in the 1990s to Chinese and...Minister of Foreign Trade and Economic Cooperation Wu Yi made a report entitled Opportunity and Prospects: Basic Thoughts on the Development of China’s Foreign Trade and Economic Relations in the 1990s to Chinese and foreign participants working in this fields at an international seminar on China’s Foreign Trade and Economic Cooperation held in Beijing in mid-May.展开更多
In order to find indications for future bilateral relations, it is worth reviewing the development of China-US economic and trade relations in recent history. Generally speaking, the nine years between 2007 and 2015 s...In order to find indications for future bilateral relations, it is worth reviewing the development of China-US economic and trade relations in recent history. Generally speaking, the nine years between 2007 and 2015 saw non-stop progress in China and US trade and economic ties. The China-US interdependent and complementary economic and trade connections ensure that bilateral relations are constantly developing and merging following their interdependent paths;the global challenges, such as the financial crisis and recent extreme weather events, have allowed China and the US to be in the same boat,weathering these different forms of turbulence. Decisions on important domestic policies and disputes can now be discussed earlier and effectively following on from the construction of multi-dimensional crisis management mechanisms. But undeniably there are unsettled and conflicting points in their relations, such as the fact that the US strategically excludes China from its free trade agenda, not willing to accept many everyday items manufactured by China. This is a major obstacle preventing their relationships deepening. History tells us, in future, if both sides could have a bigger vision, relations would better develop, for the new type of major power relations and the subsequent road would be less rocky and bring more benefits for the peoples of both countries.展开更多
This paper has studied the West African region or Economic Community of West African States (ECOWAS) which includes fifteen countries and its relationship with China. Three countries (Cote d’Ivoire, Ghana, and Nigeri...This paper has studied the West African region or Economic Community of West African States (ECOWAS) which includes fifteen countries and its relationship with China. Three countries (Cote d’Ivoire, Ghana, and Nigeria) of the fifteen countries which are economically representative in the west African region to represent the overall-region were studied. Therefore, the objective of this study is to investigate the spatial effect of Chinese trade and investment on the economic growth of West Africa. The study focuses on the period from 1960-2014 using the dynamic panel data approach and spatial autoregressive approach for the econometric analysis of this topic. Empirically, the results show that trade openness with China has a positive impact on the neighboring countries of the region, especially for those who share the same border. Chinese investment is vital to the region’s economic growth as the results show that one dollar investment increase from China to the host country increases the economic growth in the neighboring countries by 0.328%.展开更多
The annual imp. & exp. value registered an increase of 31.5% over the previous year, amounting to USD 474.3 billion: USD 249.2 billion of exp. (increased by 27.8%) and USD 225.1 billion of imp. (up 35.8%). The imp...The annual imp. & exp. value registered an increase of 31.5% over the previous year, amounting to USD 474.3 billion: USD 249.2 billion of exp. (increased by 27.8%) and USD 225.1 billion of imp. (up 35.8%). The imp.& exp.value of mechanic & electronic products reached USD 208.2 billion, an increase of 34.7%: USD 102.9 billion in imp. (increased by 32.6%) and USD 105.3 billion in exp. (increased by 36.9% up to 42.3% of展开更多
文摘China is Korea’s main trade partner in East Asia and one of its key economic and trade partners worldwide.The two countries have complementary industrial structure and a long history of trade exchanges.However,against the backdrop of a return to global trade protectionism and the politicization of international affairs with Yoon Suk-yeol coming to power,South Korea has undertaken a strong trade shift toward the United States(US),triggering a change in the pattern of economic cooperation in East Asia and challenging the regional trade structure.A review of the trade policy agenda of the Yoon Suk-yeol administration toward the US and China,along with a comparative review of Korea’s foreign trade stance under Moon Jae-in,allows for an analysis of the turnaround and characteristics of Yoon’s trade policy toward China during his tenure.The implications for global trade governance and regional security are further analyzed with an aim of finding a Nash equilibrium in trade cooperation among East Asian countries.
文摘The Arbitration Law of the People’s Republic of China will go into effect on September 1, 1995, which has become the focus of world attention. This is an important law promulgated by China for handling economic disputes. All the parties concerned are making intense preparations for the successful enforcement of the Law. As the first nongovernmental organisation engaged in arbitration affairs, the China Council
文摘In recent years,China’s foreign invest-ment and cooperation have grown rapidly,making contributions to both the host country and the world economy.In the year of 2016,China’s FDI reached USD 196.15 billion,which was up 34.7%year-on-year and ranked second in the world.So far,China has 99 overseas cooperation zones under construction,all of which boost local industrial develop-ment and serve as important platforms for China and relevant countries to carry out investment cooperation.
文摘June was a busy month for Sino-African events, with China hosting both the *Coordinators Meeting on the Implementation of the Follow-up Actions of the Beying Summit of the Forum on China- Africa Cooperation (FOCAC) in Beijing on June 24-25, and the First China-Africa Economic and Trade Expo (CAETE) in Changsha, capital of central China's Hunan Province, on June 27-29.
文摘The President of the Republic of Korea (ROK) Roh Moo-hyun announced that Ko- rea fully recognized China’s market economy status. Roh’s announcement was made during a joint press conference with Chinese President Hu Jintao. who was on a state visit to ROK in November. China is now the largest trading part- ner of ROK, with trade volume between the two countries expected to reach 100 billion US dollars this year. The two leaders agreed that the bilat- eral trade volume should be doubled to 200 billion US dollars by 2012. A significant milestone having been reached between the two countries, what kind of impact can be expected to follow from the events in regards to the bilateral economic and trade relations between China and ROK? With such questions in mind. China’s Foreign Trade reporters in- terviewed Kim Ha-joong. Ambassador of ROK to China.
文摘The structure of China’s foreign trade now conforms basically to international trade norms China will set up a legal system for foreign trade and economic cooperation in three years Foreign investment enterprises will enjoy national treatment China shall become the member of the World Trade Organization at the earliest possible
文摘Sales of means of production to approach 4,000 billion yuan According to a spokesrnan of the State Internal Trade Bureau, the influence of the growth of investment in infrastructure construction to the capital gods market will not manifest itself until the last quarter of this year. If the investment
文摘Since he took office, the new US president, Donald Trump, has unveiled his broad economic policy—now called Trumponomics. It emphasizes neoliberalism at home, less government regulations, more growth and weakening the welfare state. Internationally, Trumponomics embraces protectionism and nativism with a focus on US economic interests. Trumponomics caters to the lower-middle classes, a reflection of the country's current economic and diplomatic challenges. Trumponomics will bring uncertainty to China-US economic and trade relations. China should carefully study the policies of the Trump administration and prepare contingency plans.
文摘 From May 28th to June 1st, 2007, the Standardization Administration of the People's Republic of China (SAC) organized a series of cooperation activities with the American Institute of Standards and Technology (NIST) and the American National Standards Institute (ANSI).……
文摘Minister of Foreign Trade and Economic Cooperation Wu Yi made a report entitled Opportunity and Prospects: Basic Thoughts on the Development of China’s Foreign Trade and Economic Relations in the 1990s to Chinese and foreign participants working in this fields at an international seminar on China’s Foreign Trade and Economic Cooperation held in Beijing in mid-May.
文摘In order to find indications for future bilateral relations, it is worth reviewing the development of China-US economic and trade relations in recent history. Generally speaking, the nine years between 2007 and 2015 saw non-stop progress in China and US trade and economic ties. The China-US interdependent and complementary economic and trade connections ensure that bilateral relations are constantly developing and merging following their interdependent paths;the global challenges, such as the financial crisis and recent extreme weather events, have allowed China and the US to be in the same boat,weathering these different forms of turbulence. Decisions on important domestic policies and disputes can now be discussed earlier and effectively following on from the construction of multi-dimensional crisis management mechanisms. But undeniably there are unsettled and conflicting points in their relations, such as the fact that the US strategically excludes China from its free trade agenda, not willing to accept many everyday items manufactured by China. This is a major obstacle preventing their relationships deepening. History tells us, in future, if both sides could have a bigger vision, relations would better develop, for the new type of major power relations and the subsequent road would be less rocky and bring more benefits for the peoples of both countries.
文摘This paper has studied the West African region or Economic Community of West African States (ECOWAS) which includes fifteen countries and its relationship with China. Three countries (Cote d’Ivoire, Ghana, and Nigeria) of the fifteen countries which are economically representative in the west African region to represent the overall-region were studied. Therefore, the objective of this study is to investigate the spatial effect of Chinese trade and investment on the economic growth of West Africa. The study focuses on the period from 1960-2014 using the dynamic panel data approach and spatial autoregressive approach for the econometric analysis of this topic. Empirically, the results show that trade openness with China has a positive impact on the neighboring countries of the region, especially for those who share the same border. Chinese investment is vital to the region’s economic growth as the results show that one dollar investment increase from China to the host country increases the economic growth in the neighboring countries by 0.328%.
文摘The annual imp. & exp. value registered an increase of 31.5% over the previous year, amounting to USD 474.3 billion: USD 249.2 billion of exp. (increased by 27.8%) and USD 225.1 billion of imp. (up 35.8%). The imp.& exp.value of mechanic & electronic products reached USD 208.2 billion, an increase of 34.7%: USD 102.9 billion in imp. (increased by 32.6%) and USD 105.3 billion in exp. (increased by 36.9% up to 42.3% of
