• East Asian Economic Review
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• 제26권1호
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• pp.27-48
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• 2022

In the past decade, Korea and Japan have increasingly exhibited different strategic priorities in trade in face of China's rising global economic prowess and worsening US-China trade conflict. Japan's trade policy decisions have worked to reinforce its economic and security ties with the US as a means to counter China. Japan has used both bilateral and multilateral means to secure its ties with the US against China. In contrast, Korea's trade policy positions have been one of 'strategic ambiguity'. Korea has been more conciliatory towards China, reluctant to take actions that would counter China's interest. Korea has mainly resorted to bilateral channels to maintain favorable relations with both China and the US. Korea's reluctance to clearly ally with the US against China has been observed across different administrations with opposing political orientations. This paper examines Korea and Japan's diverging strategic priorities in trade through the 2017 World Trade Organization Ministerial Conference; the 2017 US imposition of Section 232 on steel; the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, the Korea-US FTA renegotiation and the Korea-China FTA Phase Two Negotiation; and the 2019 Japan-US Trade Agreement.

• Journal of Korea Trade
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• 제26권1호
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• pp.20-32
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• 2022

Purpose - This paper intends to make theoretical analysis and empirical test on the factors influencing China's export to South Korea, and draw conclusions about China's export efficiency and trade potential. Based on the conclusions, the reasons for China's trade deficit with South Korea are found, and a solution is put forward for solving the problem of China's trade deficit with South Korea. Design/methodology - Based on the data of 2004-2017 years in China, this paper uses the stochastic frontier gravity model to analyze the influencing factors of China's export to South Korea, as well as the export efficiency of each province and the export potential that can be explored. Findings - First, in terms of the factors affecting China's export trade to South Korea, the GDP of the provinces and cities in China, the FDI of South Korea to the provinces and cities in China, the GDP of South Korea, the population and education level of provinces and cities in China can significantly promote the export scale of Chinese provinces and cities to South Korea. The distance between Chinese provincial capitals and the South Korean capital significantly hinders Chinese exports to South Korea; Second, in terms of export trade efficiency, the trade exchange rate of the economically developed cities along the eastern coast of China and several provinces that are close to South Korea is higher than that of the cities in the central and western regions; Third, economic globalization makes trade more convenient, the average export trade efficiency of China's exports to South Korea showed an upward trend. However, under the influence of the 2008 global financial crisis, the export trade efficiency declined from 2008 to 2009, indicating that the impact of the financial crisis on the trade efficiency cannot be ignored. Originality/value - This paper finds out the influencing factors of China's export to South Korea, analyzes the export efficiency of different provinces and cities, excavates the export potential, and puts forward some suggestions for the balanced development of China and South Korea trade in the next step.

• 웰빙융합연구
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• 제3권4호
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• pp.1-4
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• 2020

Purpose: This research, based on the tariff reduction table negotiated by South Korea and China free trade area, the specific tariffs of the two countries in the implementation of the Korea-China Free Trade Agreement are calculated, and the global equilibrium model, the global trade analysis project (GTAP) model, is used to simulate and analyze the impact of the Korea-China free trade area on the output and trade of the two countries. Research design, data and methodology: The study conducted a survey on 2018 year GTAP 9.0data. After empirically analyzing the data, we believe that the Major industry in Korea and China will maintain its growth momentum. Results: This study shows that under the assumption that the average tariff of China and South Korea at the beginning of FTA was reduced to 20%, two scenarios were simulated. Two scenarios are simulated under the assumption that the average tariff of China and South Korea FTA will be reduced to 10%. Conclusions: This paper assumes that the average tariff of China-Korea FTA is set at 20%, 10% and zero tariff respectively in the early, middle and long term of the FTA construction. It considers the impact of China-Japan-Korea FTA on China- Korea FTA.

• 수산경영론집
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• 제38권1호
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• pp.71-96
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• 2007

This study is aimed to investigate how the structure of Korean and Chinese fisheries has been changed since the Fisheries Agreement between Korea and China came into effect. This investigation was accomplished from a comparative point of view by using statistic data in the literatures published by both Korea and China. Results of this study are summarized as follows; First, it was revealed that the decreasing rate of fish production of marine capture fisheries in Korea was lowered more by 5.1%, while it was decreased by only 0.1% in China. Second, comparative results on changes in production of offshore fisheries showed that the production of Korean offshore fisheries in 2003 was reduced by 26% compared to that in 1999, while the production of China offshore fisheries was decreased by 22%. In addition, although the production of marine capture fisheries in the East region of China was reduced by 10%, on the contrary, the production of marine capture fisheries in Liaoning, Hebei, Tianjin, Jiangsu, Zhejiang, and Fujian that have mostly impacted by the Korea-China Fisheries Agreement was increased by 7%. Third, results on fishing capacity of marine fisheries indicated that the number of vessels and total horse power in Korea were increased by 1.2% and 44.9%, respectively, while total tonnage was reduced by 23.9%, For China, the number of vessels and total horse power were increased by 0.5% and 12.6%, respectively. Total tonnage was also increased by 11.7%. Finally, the production per Korean vessel was decreased by 17.8% in 2003 compared to that in 1999. On the contrary, the production per Chinese vessel was increased by 8.1% in 2003. The production per tonnage was increased by 3.2% in Korea, while it was reduced by 2.7% in China. In conclusion, it could be said that the Korea-China Fisheries Agreement has had a positive impact on the fisheries production of China, while it has had a negative impacts on that of Korea, relatively.

• Asian Journal of Business Environment
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• 제2권1호
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• pp.19-23
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• 2012

The economic exchanges have become increasingly frequent between China and Korea and the average annual growth rate of the total trade volume has increased by 30% since the establishment of diplomatic relations between the two countries. With the rapid economic growth and industrial upgrading of China, there are changes in the investment of Korea in China and domestic demand of China, and the trade structure of Sino- Korea has changed a lot in recent years. The changes have mainly manifested in the following aspects, including the increased proportion of high-tech products, raw materials and the intra-industry trade, the decreased proportion of consumer goods, the inter-industry trade and the trade deficit of China. With the development of the situation of international economy, the scale of Korea and China trade will continue to expand and the structure of Korea and China trade will also keep on changing in the long run.

• 산경연구논집
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• 제8권6호
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• pp.33-40
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• 2017

Purpose - This study attempted to discover the impact of the Korea-China FTA(Free Trade Agreement) on electronic products distribution industry. Strategies will be provided to expand both countries' trade after the Korea-China FTA. Research design, data, and methodology - This study analyzed the differences before and after the Korea-China FTA, using an RCA(Revealed Comparative Advantage) index, TC(Technology Sophistication Index) index and TSI(Trade Specialization Index) that considered the FTA tariff situation. Data was collected from the International Trade Statistics Database and Korea, China Customs Service. Results - The results indicate that following the Korea-China FTA, China and Korea's bilateral trade of electronic products is expected to expand, and both countries will experience net welfare gains from the markets' expansion. Korea is competitive in several key products, although it faces competition from China. China's electronic products' competitiveness have indicated an increasing trend. Conclusions - The two countries should closely cooperate and communicate with each other. Ultimately, Korea should focus on high-tech, sophisticated techniques to gain market advantage. On the other hand, with the tariff decrease as well as the labor cost and labor force base, China will greatly be able to benefit from the manufacturing of medium- to low-end products in the future.

• Strategy21
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• 통권42호
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• pp.154-195
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• 2017

This paper is to analyse conflict between the US and China over the South China Sea and Korea's responses. To this end the paper is composed of 6 chapters titled instruction; the current status of South China Sea sovereignty disputes; changes in US and Chinese maritime security strategies and the strategic values of the South China Sea; key issues and future prospects for US-China conflicts in the South China Sea; South Korea's security and diplomatic responses; and conclusion. The recent East Asian maritime security issue has evolved into a global issue of supremacy between the US and China, beyond conflicts over territorial disputes and demarcation among the countries in the region. China is pursuing offensive ocean policy to expand economic growth. The core of the maritime order that the United States intends to pursue is the freedom of navigation in the oceans and the maintenance of maritime access. China is making artificial islands in the South China Sea, claiming the sovereignty of these islands, building strategic bases in East Asia, and securing routes. The United States has developed several "Freedom of Navigation Operations" to neutralize the declaration of the territorial sea surrounding Chinese artificial islands. We can not be free from marine conflicts in the South China Sea and the East China Sea. Regarding the South China Sea dispute, it is expected that the strategic competition and conflict between the two countries will intensify due to China's failure to make concessions of core interests and adherence to the US compliance with international norms. In the midst of conflict over the South China Sea, we need a harmonious balance between our alliance security and economic diplomacy. We must continue our efforts to strengthen the ROK-US alliance but not to make China an enemy. Considering the significant impacts of the oceans on the survival and prosperity of the nation, we must continue to develop our interest in the oceans, appropriate investments and tactical strategies.

• 조명전기설비학회논문지
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• 제25권3호
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• pp.1-6
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• 2011

To compare the lighting environment of kitchen and bathrooms in the apartments in China and Korea, this research conducted a study of the current status, targeting 68 households in China and 79 households in Korea. The results are as follows. First, the Korean kitchen space is a little bigger than China's, but the height of the sink and table show no difference. China does not use local lighting in the kitchen. And Korea 40.2[%], China 65.6[%] is sink's KS based was below. In the case of the dining table, KS criteria satisfy both Korean and Chinese standards. 20[%] appear to be very feeble; urgent improvements are required. Secondly, regarding the size of the bathroom, Korea and China show similar sizes; the average height of the vanities and toilet is higher in Korea than in China by 2[cm]. China does not use local lighting in the bathroom. The levels of illumination were measured; lighting is higher in China's bathrooms compared to Korea's.

• 통상정보연구
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• 제14권3호
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• pp.381-403
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• 2012

본 연구는 한국의 교역 1위 대상국인 중국과의 FTA에 대비하여 국가경쟁력을 강화하기 위한 전략적 연구의 일환으로 한 중 FTA협상에서 비교적 간과되고 있는 한 중간 기술무역에 초점을 맞추었다. 이를 위해 한 중간의 기술무역의 현황을 파악하고 한 중 기술무역의 특징 및 무역장벽을 분석한 다음, 향후 중국과의 기술무역 경쟁력 강화를 위한 대응방안을 모색하는 데 그 목적을 두고 있다. 연구결과, 한국 최대의 기술수출국인 중국과는 기술격차가 점차 줄어들면서 세부산업별 무역특화지수에서 비교열위품목이 늘어나고 있으며 중국의 기술장벽은 비교적 높은 것으로 나타나고 있어, 한 중 FTA를 앞두고 대중국 기술수출에 대한 대응방안이 시급하다는 것을 알 수 있다.

• 한국중재학회지:중재연구
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• 제23권1호
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• pp.25-53
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• 2013

With the Korea-China FTA negotiations currently on the line, the importance of research into the FTA dispute settlement system has been increasing. In this paper, a comparison of Korea and China's FTA dispute settlement agreements concluded with ASEAN is contemplated, and implications for the future of the Korea-China FTA have been suggested. The FTA dispute settlement agreements with ASEAN concluded by both Korea and China provide perspectives on both sides. This agreement with ASEAN also provides a standard for the potential Korea-China FTA agreement. Specifically, the basis of these agreements with ASEAN is the same, although there are clear distinctions, described in a more detailed manner. A problem arises when there has been no discussion on dispute settlement agreements in Korea, especially of the agreement with ASEAN, whereas the opposite is true of the China counterpart. In this paper, Chinese academic FTA dispute settlement agreement studies have been also examined.