• Title/Summary/Keyword: Comparative study between Korea and China

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A Study of Forfaiting Using Aval - Focusing on the "Law of China on Negotiable Instruments" - (어음보증을 이용한 포페이팅거래에 관한 연구 - 중국 어음법을 중심으로 -)

  • LI, Hong-Shu;KIM, Jong-Chill
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.69
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    • pp.239-259
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    • 2016
  • An increasing number of transactions in the bilateral trade between Korea and China rely on collection and remittance, resulting in an increase in exporters' demand for trade financing. Therefore, there is a need to vitalize forfaiting transactions using drafts or promissory notes, which are based on the collections. In the forfaiting transactions, exporters transfer a payment claim to forfaiters on a non-recourse basis through a without recourse endorsement. However, forfaiters do not know importers' creditworthiness and ability to repay drafts or promissory notes; thus, they need a bank aval as a means of credit support. In forfaiting using aval, the drafts or promissory notes are transferred internationally. However, there is no internationally unified law that regulates drafts and promissory notes, and the governing laws related to such drafts and promissory notes do not accept the "principle of party autonomy." Therefore, there is no other choice but to apply the laws of a certain country, in the event of any dispute relating to such drafts or promissory notes. This paper examined forfaiting using aval from the comparative law perspective, focusing on the "Law of China on Negotiable Instruments." The results of this study may to provide businesses involved in international trade with practical guidance and assistance when using forfaiting with aval, especially in trade with China.

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Comparative Study of the Anti-inflammatory Effects of Menthae Herba from Korea and China (한국산과 중국산 박하의 항염증 효과에 관한 비교연구)

  • Lim, Hye-Sun;Kim, Jung-Hoon;Ha, Hye-Kyung;Seo, Chang-Seob;Shin, Hyeun-Kyoo
    • Korean Journal of Pharmacognosy
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    • v.43 no.3
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    • pp.231-238
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    • 2012
  • Menthae herba (MH) extracts exhibit anti-inflammatory effects. The purpose of this study was to determine whether the anti-inflammatory effects of MH extracts vary according to the cultivation regions. We performed a comparative analysis of MH extracts by evaluating the production of inflammatory mediators in RAW 264.7 murine macrophage cells and HaCaT human keratinocyte cells. MH extracts obtained from different cultivation regions in Korea and China significantly reduced the production of nitric oxide (NO), prostaglandin $E_2$ ($PGE_2$), and tumor necrosis factor-${\alpha}$ (TNF-${\alpha}$) in RAW 264.7 cells stimulated with lipopolysaccharide (LPS). No differences in these inhibitory activities were observed between MH extracts. In HaCaT cells stimulated with TNF-${\alpha}$ and interferon-${\gamma}$ (IFN-${\gamma}$), MH extracts did not inhibit the production of macrophage-derived chemokine (MDC/CCL22), but most extracts reduced the production of the regulated on activation normal T-cell expression and secreted (RANTES/CCL5). We used clustering tree analysis of the MH extracts according to the chromatographic pattern and anti-inflammatory potency of MH extracts. We observed differences in the chromatographic pattern of MH extracts but no difference in anti-inflammatory potency. Our findings suggest that MH extracts from different regions do not show any differences in their pharmacological potency in that MH extracts are used as therapeutic agents to treat inflammatory disorders.

A Comparative Study on the Traditional Medicine Policies between Korea and China: Focused on the Second Korean Medicine Development Plan and the 12.5 Traditional Chinese Medicine Development Plan (한국과 중국의 전통의학 정책 비교: 제2차 한의약육성발전계획 및 중의약사업발전 12.5규획 중심)

  • Ko, Chang-Ryong;Ku, Nam-Pyong;Seol, Sung-Soo
    • Journal of Korea Technology Innovation Society
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    • v.17 no.2
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    • pp.421-447
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    • 2014
  • Traditional medicine has been integrated into the national health system in many countries such as Korea, China, Taiwan, etc. Korea and China are most representative among them. The purpose of this study is to compare the policies on traditional medicine in Korea and China focusing on where it came from and where it is headed. In this regard, the study suggested the first analysis tool in the world for analyzing the policy of traditional medicine. The results of the study are as follows: First of all, the development process of Korean Medicine (KM) and Traditional Chinese Medicine (TCM) shows the same pattern, that is, both are influenced by its own national policies. Secondly, the difference between the two countries is due to the gap in the development status or the different aspects in national heath system. TCM is more vitalized in health system and has larger category, and stays ahead in globalization compared to KM. TCM covers Chinese medicine, integrative medicine and ethno-medicine. Korea emphasizes the role of KM in the declining birthrate and aging society, and promotes the overseas patient invitation strategy. China, on the other hand, establishes the medical system for emergency medical treatment and preventive treatment of major diseases and promotes overseas expansion of TCM service. In addition, Korea stressed the safety and distribution of herbal medicine, and China emphasizes production technologies. Korea has a strong medical device industry along with the government's fostering policy; however, in China, medical devices are in the R&D stage yet. Even though both countries promotes the drug development from natural products, Korea focuses on developing herbal cosmetics in application industry, but China shows weakness in policies on application industry. China shores up the foundation for culture and theory of traditional medicine, while Korea doesn't have related policy. Korea places emphasis on promoting collaboration with international organizations and medical volunteer programs, whereas China is more interested in mutual cooperation and real trade with other countries.

A Study on the Stone Figures in the Palace Gardens of the Palaces in Korea and China (한국과 중국의 궁궐어원(御苑)의 상석(賞石) 비교연구)

  • Park, Kyung-Ja
    • Korean Journal of Heritage: History & Science
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    • v.36
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    • pp.227-239
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    • 2003
  • Korea and China can find the common feature derived from the mutual cultural exchanges, belonging to the same cultural sphere of the East Asia. It also applies to the stone figures of the palace gardens of both countries. In case of Korea in the stone figures of the palace gardens, there are few of them existing in Kyungbok Palace, Changduk Palace, and Changkyung Palace of the Chosun Dynasty, and most of them were washed away, there are hardly any records remaining and transmitted, and there are hardly any materials of drawings and pictures of them. On the contrary, in case of China, although there are those washed away, there are vast numbers of real objects, and records and materials of them. Therefore, for the study on the stone figures of Korea, the method to analogize the research lacking regarding the stone figures of the palace gardens of Korea from those of China after conducting the comparative study between those existing and those of China, may be available. I consider that although the restoration of the palaces of Chosun Dynasty of Korea had been the restoration project oriented toward the buildings until now, it will be the phase where one should have more interest toward the restoration of the palace gardens in the future, and that the restoration of the palace gardens should be made centered on the landscape architectural structures, deviated from the restoration project attaching weight to the restoration of the trees. Above all, I consider that the interest should be turned to the restoration of the stone figures where the view toward the nature of the Orientals are expressed well. For the restoration of the stone figures in the Changduk and Changkyung Palaces, it is considered that the restoration of the rough locations and shapes is possible based on the Dongkwol Drawings being transmitted, and that the research on the shapes, characters, pedestals, characteristics, etc. of the specific stone figures is possible as far as it is based on the study of the stone figures of the palace gardens of China.

A Comparison of Vegetation in Complementary Forests of Villages between Korea and China - Focused on Jinan in Korea and Qingzhou in China - (한국과 중국의 마을비보숲 식생 비교 - 한국(韓國) 진안(鎭安)과 중국(中國) 청주(靑州)를 사례로 -)

  • Park, Jae Chul;Gwan, Dan Dan;Jung, Kyoung Sook
    • Journal of the Korean Institute of Landscape Architecture
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    • v.41 no.6
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    • pp.199-208
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    • 2013
  • The purpose of this study is to compare the vegetation structure in complementary forests of villages between Korea and China. For this study, Jinan in Korea and Qingzhou in China were selected through a pre-survey about the representative regions of both countries. The main research method used was field study. A comparative analysis between the two regions was performed by a frequency analysis of the surveyed data. The data obtained in the study shows the vegetation structure in complementary forests of villages in the two regions have many differences which are related to the local culture. As a result, it was identified that the average number of species was the same at 2.9 and the average number of trees, total number of trees, and tree density in Qingzhou were considerably greater than those in Jinan. Also, it was identified that tree height, average breadth height diameter and crown width in Jinan were considerably greater than those in Qingzhou. Furthermore, it was identified that both the forest state and the principal species of tree are both very different according to the different cultures. Through this identification, it is considered that this study will be helpful in establishing policy direction in both countries about the restoration and management of complementary forests.

A Comparative Study on the Housing Viewpoint between Korean and Chinese University Students (한중 대학생의 주거관에 대한 비교 연구)

  • Hao, Jia;Jo, Young-Mi;An, Ok-Hee;Kim, Jin-Hee
    • Proceeding of Spring/Autumn Annual Conference of KHA
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    • 2009.04a
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    • pp.264-267
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    • 2009
  • Today, our lifestyle and residential culture has been changed have been changed by interchange with various countries in various sides. In order to become an internationally recognized residential environment designer in this environment, we must understand the housing viewpoint of residents in a country first. Therefore, this study was intended to obtain useful material for residential environment design of both countries by comparing the housing viewpoint between Chinese students studying in Korea and Korean students. A questionnaire was conducted on 205 Korean students and 193 Chinese students (Korean race) from Y University in random sampling basis. The result is as follows. First, both Korea and China have a higher ratio of apartments in both current and previous types of house. But, both Korea and China have similar ratios between detached house and apartment for a desired type of house at the time of moving in. Second, Korean and Chinese university students consider and as the most important functions of residence, and Chinese university students consider more functions of residence than Korean students. Third, both Korean and Chinese consider a living room as the most important space among housing spaces, but Chinese consider a private room more importantly than Korean. Fourth, overall satisfaction rate of Korean students for current houses was average, and most Chinese students were generally satisfied with their houses.

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Comparative study on methods to improve understanding of food information between Korea and China

  • Park, So Ra;Lee, Jong Man
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.10 no.4
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    • pp.37-51
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    • 2014
  • In this study, we propose a scheme for providing the consumer of Korea and China with more effective information about the safety of the food to understand easily. Among these countries and consumers, we proposed the graphical displays to help you understand the factors disturbing to think of pesticide residues in common. In the form of a one-dimensional graphical display, whether to provide a safety-related information in the form of conventional foods character, as compared to the graph representation of the larger amounts of information than a two-dimensional character which easily measures the effect of promoting the understanding of the most appropriate information, were reviewed. As a result, in the case of Korea, text and graphs utilizing the standards of pesticide residues than the information provided in a one-dimensional form'Text + Graphics Display'to take advantage of the information provided with the relevant safety standards form the three was found that easy to show. On the other hand, Chinese, between the character and graph form with the advantage that the information providing service type information using the graphic display shown in one dimension could not see the difference between the evaluation and understanding.

A Comparative Study on Cross-cultural Complaining Behavior of South Korean and Chinese Consumers about Fashion Products (II) -Focused on Lifestyle and Personality- (한·중 패션제품 소비자 불평행동에 미치는 영향요인 분석 II -소비자의 라이프스타일과 성격을 중심으로-)

  • Lee, Okhee
    • Journal of Fashion Business
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    • v.22 no.1
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    • pp.56-70
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    • 2018
  • This study investigated if there are differences between the effects of lifestyle and personality on consumer complaining behavior between Korea and China. Sample subjects of this study were female college students of Korea(Jeollabuk-do and Jeollanam-do) and China(Yunnan). The questionnaire data from 780 college students were analyzed through the following statistical analyses: a reliability analysis, factor analysis, frequency, mean, and multiple regression analysis. The results of the study was as follows. First, the complaining behavior types of college students were divided into 4 factors: third party, breakaway behavior, compensation claim, and negative word of mouth. Second, significant differences were revealed between the dissatisfaction and the conditions of complaining behavior between Korean and Chinese consumers. Third, significant differences were found which were related to the effects of lifestyle and personality on types of consumer complaining behavior between Korea and China. Fourth, the complaining behavior factors of 'third party' and 'compensation claims' of Chinese consumers were higher than those of Korean consumers; however, the 'negative WOM' of Korean consumers were higher than those of Chinese consumers. Fifth, the lifestyle factors of 'fashion orientation, 'rational orientation' and 'activity orientation' of Chinese consumers were higher than those of Korean consumers. The 'achievement orientation' of Korean consumers was higher than that of Chinese consumers. And the personality factors of 'sense of responsibility' of Chinese consumers were higher than Korean consumers. Finally, 'openness' of Korean consumers were higher than Chinese consumers.

A Comparative Analysis of Travelers' Online Reviews among China, USA, and South Korea using Sentiment Analysis in the Era of the COVID-19 Pandemic (코로나19 팬데믹 상황에서 감성분석을 이용한 미국, 중국, 한국 여행자의 온라인 리뷰 비교 분석)

  • Hong, Junwoo;Hong, Taeho
    • Journal of Information Technology Services
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    • v.20 no.5
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    • pp.159-176
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    • 2021
  • In this study, we performed a comparative analysis of the sentiment value for the tourists in USA, China, and Korea on the COVID19 pandemic era to explore and find out the features of the tourists by using online reviews. We collected a total of 243,826 online hotel reviews for metropolitan city and vacation spot in the three countries to compare the features between the business and the vacation trips. We collected the online reviews into the tow groups from Jan. 1, 2019 to Nov. 31, 2019 for before COVID19 pandemic and from Apr. 1, 2020 to Deb 28, 2021 for during COVID19. Online reviews were categorized into 6 dimensions using LDA model. Sentiment analysis were presented for 6 dimensions by utilizing a lexicon base. We proposed an approach to analyzing the importance of each attribute by applying 6-dimensional sentiment values to conjoint analysis. Our empirical analysis showed that the proposed approach could explore and find out the changed features of travelers during the COVID19 pandemic.

Comparative Analysis of Customs Drawback Systems in Korea and China (한중 관세환급제도에 관한 비교분석)

  • La, Kong-Woo;Lee, Seon-Pyo;Hong, Gil-Jong
    • International Commerce and Information Review
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    • v.13 no.1
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    • pp.217-241
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    • 2011
  • The basic purpose of Customs Drawback System of the material for export goods is export support as cut a price down the export goods' price. Especially the trade volume between South Korea and China is the greatest in comparison with other countries in 2010. Therefore companies involved China is necessary to understand exactly for China's tariff system(duty drawback system). Due to inconsistent policies, it is difficult to understand VAT-related provisions on exports goods of China compared with South Korea Tax System. Accordingly, the results of this study is significant in China-related companies. In South Korea and China, amount of customs duty drawback is very large 4.017606 billion won 732.8 billion yuan respectively. Thus, the amount of customs duty drawback is greater, a comparison of customs duty drawback in South Korea and China is very necessary on Customs Drawback System.

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