• The Journal of Industrial Distribution & Business
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• v.9 no.6
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• pp.15-24
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• 2018

Purpose - The adjustment of one country's monetary policy can cause the macroeconomic change of other countries. Due to this, this paper attempts to analyze the impact of China's monetary policy on South Korea's exchange rate. Research design, data, and methodology - Based on the flexible-price monetary model, sets of annual time series from 1980 to 2017 are employed to perform an empirical estimation. The vector error correction model is also used to exploit the short-run relationship between both of them. Of course, the South Korea's real GDP, the China's real GDP, South Korea's interest rate, the South Korea's interest rate and the South Korea's monetary supply are treated as independent variables in this paper. Result - The long-run findings reveal that the China's money supply has a negative effect on South Korea's exchange rate. Respectively, the short-run findings depicts that the China's money supply has negative a effect on South Korea's exchange rate. Of course, other variables selected in this paper also have an effect on South Korea's exchange rate whatever positive or negative. Conclusions - As the empirical evidence shows, the China's monetary policy has a negative effect on South Korea's exchange rate whenever in the long run or in the short run.

• Journal of architectural history
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• v.33 no.1
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• pp.33-43
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• 2024

In Korea, the function of Jeong(亭), Jeongja(亭子), and Nujeong(樓亭) architecture is essentially rest. However, in China, where the name Jeong was first coined and used, Jeong was not only used as a place of rest, but also for a variety of functions depending on the time and region, such as building units for guard posts, policing, and mail delivery. But why is it that in Korea, Jeong is primarily perceived and used as place of rest? Starting from this question, this article examines the historical process of the emergence of Jeong and its changing functions, focusing on the official history of China, and then examines the perception of Jeong in Korea through its connection to the dominant function of Jeong in China during the period of Jeong's emergence in Korean literature. This will help us to fundamentally understand the differences between Jeong architecture in Korea and Jeong architecture in China, and to further clarify the historical significance of the types of Jeongja and Nujeong architecture in Korea.

• Journal of Korea Trade
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• v.23 no.4
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• pp.1-16
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• 2019

Purpose - This research empirically proves that global shipbuilding industry leadership has moved to China from Korea. Design/Methodology - Competitiveness is measured by AHP for the weights of comprehensive competitiveness, which is the output mixture of three attributive factors: shipbuilding technology, shipbuilding contract price, and export credit. Findings - China is far ahead of Korea for standard vessels such as bulkers and containerships with competitiveness weights of 0.762 and 0.612, respectively, against 0.238 and 0.388 of Korea. Korea is maintaining its competitiveness only in LNG carriers (174k CBM) with a competitiveness weight 0.621. China and Korea have similar competitiveness for chemical carriers, complex vessels with a small hull size. The sources of Chinese competitiveness are shipbuilding contract price and export credit. With the majority share of standard vessel types in the world fleet, China will hold a bigger market share than Korea in the global shipbuilding industry in the forthcoming years. Implications - The swing factors of market power are shipbuilding technology and contract price. If China fails to further develop shipbuilding technology for shipowners worried about the reliability of the Chinese-built vessels, shipowners may swing back to Korea. The rising Chinese labor cost will expedite this swing in the forthcoming competition. Originality/value - To the best of the author's knowledge, this is the first paper that quantitatively examines the competitiveness of shipbuilding between China and Korea by comparing attributive factors for competitiveness.

• Maritime Security
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• v.5 no.1
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• pp.113-136
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• 2022

China has been pushing for a systematic strategy for territorialization over a long period of time to invade Korea's West Sea (Yellow Sea) in order to create China's territorial water. China's strategy for territorializing the West Sea is an activity in which China curbs the use of South Korea and enforces the illegal use of China in order to dominate the West Sea exclusively. China aided Chinese fishing boats that engaged in illegal fishing in Korea's jurisdiction as a means to territorialize the West Sea, and is opposed to combined exercise and training of Korea and the United States Naval Forces in the West Sea, while intentionally entering KADIZ(Korea Air Defense Identification Zone). In addition, Beijing used 'scientific exploration and research' measures as a pretext for its strategies in order to encroach on Korea's West Sea. China is carrying out such work to announce to the world that China is a systematic and organized country while consistently attempting to dominate the West Sea. China's activities in the West Sea seriously infringe South Korea's sovereignty. In order to respond to China's strategies of territorialization in the West Sea stated above, I analyzed the rejection effect of the ROK-US combined military training in the West Sea and presented a 'proportional response strategy centered on the ROK-US combined forces'. Korea should be able to respond proportionally to China's activities in the seas around the Korean peninsula, and Korea should be able to neutralize China's attempt to a Fait Accompli. In addition, just as China installs buoys in the Korea-China Provisional Measures Zone, Korea should be able to install and actively utilize some devices in the West Sea and for the use of free and open West Sea. Korea should not just wait for the tragic future to come without preparing for China's gradual and long-term strategy, and Seoul needs to respond to China's maritime policy in the West Sea with a more active attitude than it is now. China has historically taken a bold and aggressive response to neighboring countries that are consistent with a passive attitude, on the other hand, Beijing has taken a cautious approach to neighboring countries that respond with an active attitude. It should not be forgotten that Korea's passive response to the Chinese strategy in the name of a 'realistic approach' such as Korea's economic dependence on China for economy will result in China's success for territorialization of the West Sea.

• Journal of International Area Studies (JIAS)
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• v.13 no.4
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• pp.3-22
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• 2010

The objective of this paper is to analyze why China's policy toward North Korea after the second North Korean nuclear crisis have plunged into the dilemma between pressure and inducement. This paper stress that dilemma between China's two aims toward North, that is, stability in Korean peninsula and North East Asia, and the denuclearization of the Korean Peninsula that can explain China's inconsistent policies on North Korea. As North Korea publicly revealed the intention of nuclear development and China has played the mediator role for protecting its security, China's two aims toward North have faced the situation of a dilemma. Because China's two aims are directly related with stability in the neighbor that pursuit to perform 'economic development' since 1978, China's two aims toward North would not be changed easily. Therefore, as long as North Korea would not make an effort on denuclearization and China continually would maintain two aims on North, it will be continued a dilemma between China's policies toward North.

• Current Optics and Photonics
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• v.7 no.1
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• pp.21-27
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• 2023

A highly sensitive optical-fiber humidity sensor is demonstrated in this paper. By using Nafion-PVA sol-gel and single-mode optical fibers, the Fabry-Perot humidity sensor is easily fabricated. In the humidity range of 29%-72%, humidity-response experiments are carried out with a cycle of rising and falling humidity to investigate humidity-response characteristics. The experimental results show 2.25 nm/%RH sensitivity and a 0.9997 linear correlation coefficient, with good consistency. The changes in optical-path difference (OPD) and free spectral range (FSR) with humidity are also discussed. The humidity sensitivities of a typical sensor are 80.3 nm/%RH (OPD) and 0.03 nm/%RH (FSR). Furthermore, many humidity sensors with different Nafion-PVA sol-gel concentration and initial cavity length are experimentally investigated for humidity response. The results show that the sensitivity increases with higher Nafion ratio of the Nafion-PVA sol-gel. The influence of changing cavity length on sensitivity is not obvious. These results are helpful to research on optical-fiber humidity sensors with good performance, easy fabrication, and low cost.

• Strategy21
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• s.37
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• pp.144-176
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• 2015

In September 2013, President Park Geun-hye announced her controversial "Look North" policy, of which the most salient aspect is the "Eurasia Initiative". This comprises various proposals designed to overcome existing constraints by developing new markets and creating new economic partners in continental areas from which South Korea has been alienated since the end of World War II, and this dovetails nicely with China's One Belt, One Road Initiative. The concepts of the "Silk Road Rail Express (SRX)" and the "East Sea Rim Maritime Community (ESRMC)" have also been discussed. SRX is at present a purely symbolic railroad project intended to encourage individual, cultural, trade and diplomatic exchanges. ESRMC is a model for establishing an ad hoc community to promote regional economic cooperation around the East Sea. President Park's Eurasia Initiative will provide South Korean investment for the Northeast to complement Russian plans, like the "Northern Energy Road" being built by Gazprom, and Chinese plans, like the Chang-Ji-Tu Development Plan for the North Korean port of Rajin. China's trade, as well as its energy and food supplies, pass through the Strait of Malacca and the Indian Ocean, and are thus vulnerable to interdiction by India or the US. China is therefore trying to reduce its exposure geopolitical risk by establishing a network of corridors between the Belt and the Road to provide alternative paths. The "China-Pakistan Economic Corridor" and the "China-Myanmar Economic Corridor" provide such connections, and South Korea hopes that SRX and ESRMC can become part of a "China-South Korea Economic Corridor". This concept could do much to revitalize the underdeveloped northern provinces of China and Russia's Far East, not to mention North Korea. By linking up the Trans-Siberian Railway, the Trans-China Railway, the Trans-Mongolian Railway and the Trans-Korean Railway all these Asian countries will be connected to one another, and ultimately to Europe. An interim connection between China and South Korea using a rail-ferry has also been proposed.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.59
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• pp.181-205
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• 2013

This study has analyzed the international trade flow of medical devices in Korea, China, and U.S. more theoretically and systematically through a mutual connection of the medical device export structure of Korea and the import structure of China and U.S. organically, with an intensity approach on the bilateral international trade flow. Also, it is meaningful to find a solution to boost exports of Korea to China and U.S.. Therefore in this study, we recognize the importance of the medical device market in China and U.S., which is the main competition for Korea and its market, and look into the trade situation of these three countries. We also look into the relative market stream and the trade intensity of the main medical devices in Korea, China and U.S., and seek measures for the steady growth of the medical device market in these three countries.

• Korean Journal of Pharmacognosy
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• v.38 no.1
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• pp.90-94
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• 2007

This study was examined the chemical components and total phenol content in acorn powders of Korea and China. Korea acorn powder produced from consists of 6.85% crude protein, 3.57% crude fat and 3.33% crude ash. China acorn powder consists of 1.83% crude protein, 0.41% crude fat and 0.40% crude ash. The composition of unsaturated fatty acid of Korea acorn powder was slightly lower than China acorn powder, but there was no significant difference. The amino acid content of Korea acorn powder was higher than that of China acorn powder. Total phenol content of that Korea acorn powder was 20 mg/g, and that China acorn powder was 3.2 mg/g.

• The Journal of Economics, Marketing and Management
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• v.7 no.4
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• pp.6-9
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• 2019

Purpose - This research mainly studied with the promotion of "one belt and one road "initiative's strategy and the construction of China, Japan and South Korea Free Trade Zone, China exports urgently needed industrial products to Japan and South Korea, which will not only help digest excess industrial capacity, optimize China's industrial structure, but also promote the economic development of Japan and South Korea. Research design, data, and Methodology - The study conducted a survey on 2018 year new revision of China-Korea Japan's data. Results -This study shows that In this process, multinational enterprises, as pioneers of economic development, play an irreplaceable role. However, due to the differences between laws of different countries and their own corporate culture concepts, enterprises in different countries will inevitably encounter various conflicts in the process of development. Conclusions -This requires our enterprises to have awareness of legal risk prevention in the process of development, and to study the corporate culture of relevant enterprises to truly achieve win-win cooperation.