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Trade and investment between China and South Korea : Toward a long-term partnership

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  • Trade and investment between China and South Korea
  • Kim, Joon-Kyung; Kim, Yangseon; Lee, Chung H.
  • The Association of Korean Economic Studies


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Title Trade and investment between China and South Korea
Similar Titles
Sub Title

Toward a long-term partnership

Material Type Articles
Author(English)

Kim, Joon-Kyung; Kim, Yangseon; Lee, Chung H.

Publisher

[Seoul]:The Association of Korean Economic Studies

Date 2004
Journal Title; Vol./Issue The Journal of the Korean Economy:vol. 5(no. 1)
Pages 28
Subject Country China(Asia and Pacific)
South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Trade
Economy < Direct Investment
Holding AKES

Abstract

This paper examines the effect of China’s rapid economic development on the Korean economy through trade and investment linkages. It shows that China’s export structure has converged to that of Korea with its exports displacing Korean exports in third-country markets while the bilateral trade between the two countries has expanded rapidly. The paper points out that the displacement of Korean exports by exports from China is partly due to exports from Korean affiliates in China. It concludes with ideas on how Korea will have to respond to China’s rapid industrialization to sustain its own economic growth.