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Trade, investment and economic integration of South Korea and China

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


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Title Trade, investment and economic integration of South Korea and China
Similar Titles
Material Type Proceedings
Author(English)

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

Publisher

[Seoul, South Korea]:The Association of Korean Economic Studies

Date 2006-06
Pages 41
Subject Country China(Asia and Pacific)
South Korea(Asia and Pacific)
Language English
File Type Link
Original Format pdf
Subject Economy < Trade
Holding University of Washington

Abstract

The emergence of China has had a significant effect on the Korean economy. China is now the largest market for Korean exports and an important supplier of its imports. It has also become a serious challenger of Korea in the global markets for manufacturing exports. This paper investigates the effect of the rapid industrialization of the Chinese economy on its export structure and the bilateral trade between the two countries and examines the role that Korea’s investment in China has played in transforming the export structures of the two economies. It presents evidence of increasing trade in parts and components and expanding production networks spanning the two economies. The paper concludes with a discussion of the prospects for future economic integration of China and Korea.

User Note

Prepared for presentation at "Korea and the World Economy, V" conference, July 7-8, 2006.