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Hyundai Motor Suffers Extended Slump in China, Production Halt in Offing

Hyundai Motor Suffers Extended Slump in China, Production Halt in Offing

SEOUL, Apr. 19 (Korea Bizwire) — Hyundai Motor Group’s first-quarter sales in China fell for the fifth year in a row, reeling from the aftermath of a diplomatic row and increasingly competitive alternatives from Chinese automakers, company data showed Friday. In the January-March quarter, Hyundai Motor Co. and its affiliate Kia Motors Corp. sold a [...]

Jeju Annuls Chinese Group’s License to Operate S. Korea’s 1st For-profit Hospital

Jeju Annuls Chinese Group’s License to Operate S. Korea’s 1st For-profit Hospital

SEOUL, Apr. 17 (Korea Bizwire) — The Jeju provincial government on Wednesday nullified the business license of a Chinese-owned medical center as South Korea’s first for-profit hospital as it missed the deadline for the launch of its operation. The Shanghai-based Greenland Group recently requested an extension of the March 4 deadline for the opening of [...]

Rundo Selects OmniComm’s TrialMaster® and TrialOne® eClinical Solutions

Rundo Selects OmniComm’s TrialMaster® and TrialOne® eClinical Solutions

FORT LAUDERDALE, Fla., Apr. 11 (Korea Bizwire) — Rundo International Pharmaceutical Research & Development Co., Ltd. (Rundo), a prominent, Shanghai-headquartered contract research organization (CRO) has selected eClinical solutions from OmniComm Systems, Inc. (OTCQX: OMCM), a leading global provider of clinical data management technology. Under the terms of two separate agreements, Rundo will use OmniComm’s TrialMaster [...]

CUHK Business School Research Reveals How Chinese Differs from Americans in their Perceptions of Bribery

CUHK Business School Research Reveals How Chinese Differs from Americans in their Perceptions of Bribery

HONG KONG, CHINA, Apr. 10 (Korea Bizwire) – Corruption is a major threat faced by China and anyone who wants to do business in the country. In recent years, the Chinese government’s crackdowns in corruption has led to some success.  In the Berlin-based non-profit Transparency International’s Corruption Perceptions Index 2017, China ranked 77th with a score [...]

S. Korea, China to Conduct Joint Study on Health Effects of Ultrafine Dust

S. Korea, China to Conduct Joint Study on Health Effects of Ultrafine Dust

SEOUL, Apr. 9 (Korea Bizwire) — South Korean and Chinese researchers will conduct a joint study on harmful effects of ultrafine dust particles on the human body, officials said Tuesday. The Ministry of Education and the National Research Foundation of Korea said they have selected a Korea-China joint research study on the health effects of [...]

Yellow Sand Phenomenon Observed in Western S. Korea

Yellow Sand Phenomenon Observed in Western S. Korea

SEOUL, Apr. 5 (Korea Bizwire) — Yellow sand was observed on an island off the western coast of South Korea early Friday, the Korea Meteorological Administration said. The meteorological phenomenon, which originated in northeastern China and Inner Mongolia the previous day, arrived at Baengnyeong Island in the Yellow Sea and is expected to affect many [...]

S. Korean Police Request Help from Chinese Authorities in Burning Sun Probe

S. Korean Police Request Help from Chinese Authorities in Burning Sun Probe

BEIJING/SEOUL, Apr. 4 (Korea Bizwire) — South Korean police confirmed Thursday they are seeking cooperation from Chinese law enforcement in the probe of a nightclub tied to former BIGBANG member Seungri. The request was made to verify various speculation surrounding a Taiwanese businesswoman, who is said to own a large stake in the nightclub Burning [...]