China Archives | Page 2 of 80 | Be Korea-savvy
Urea Water Shortage Could Set Off Logistics Crisis

Urea Water Shortage Could Set Off Logistics Crisis

SEOUL, Nov. 3 (Korea Bizwire) — Supply chain worries loom over the South Korean economy as China has started to impose limits on exports of urea. Urea water is indispensable in an emissions control system called selective catalytic reduction (SCR). Vehicles powered by diesel engines are required to be equipped with SCR systems, which are [...]

CUHK Business School Research Finds Company Founders Who Were Born into Collectivist Cultures Are Likely to Retain More Company Control Within the Family

CUHK Business School Research Finds Company Founders Who Were Born into Collectivist Cultures Are Likely to Retain More Company Control Within the Family

HONG KONG SAR, Oct. 28 (Korea Bizwire) – Since its humble beginnings in the wake of the economic reforms and opening up enacted by the late Chinese leader Deng Xiaoping more than three decades ago, family businesses have grown to become the back bone of China’s economic growth. In China, family firms contributed to about 60 percent [...]

‘Dalgona’ Gains Popularity in China amid ‘Squid Game’ Craze

‘Dalgona’ Gains Popularity in China amid ‘Squid Game’ Craze

SEOUL, Oct. 13 (Korea Bizwire) — Korean-style sugar candy “dalgona,” made by melting sugar and frothing it up with a pinch of baking soda, is gaining popularity in China as the mega-hit Netflix series “Squid Game” continues to gain fame worldwide. Typing in ‘Squid Game Dalgona’ on Chinese online shopping mall Taobao delivers numerous results [...]

Helsinn and Fosun Pharma Sign Exclusive License and Distribution Agreements for Aloxi®, Akynzeo® Oral, NEPA IV and Anamorelin in Mainland China, Hong Kong SAR and Macau SAR

Helsinn and Fosun Pharma Sign Exclusive License and Distribution Agreements for Aloxi®, Akynzeo® Oral, NEPA IV and Anamorelin in Mainland China, Hong Kong SAR and Macau SAR

Lugano, Switzerland – Shanghai, China, Oct. 12 (Korea Bizwire) – Helsinn Group (“Helsinn”), a Swiss Biopharmaceutical Group with an innovative R&D pipeline in cancer supportive care and oncology therapeutics, strategically investing in a fully integrated targeted therapy structure to develop, manufacture and commercialize small molecules in precision medicine with higher market potential, and Fosun Pharmaceutical A.G., a corporation organised [...]

Criticism Sparks over Illegal Downloads of ‘Squid Game’ in China

Criticism Sparks over Illegal Downloads of ‘Squid Game’ in China

SEOUL, Oct. 6 (Korea Bizwire) — An activist professor has stepped up to criticize Chinese netizens engaging in illegal downloads of the hit Netflix series “Squid Game.” Netflix is currently unavailable in China. Official distribution of Korean films and dramas, in particular, has been banned by the Chinese government. Nevertheless, the newest releases with Chinese [...]

Vaccine Incentives Coming for Those Inoculated with Chinese Vaccines Overseas

Vaccine Incentives Coming for Those Inoculated with Chinese Vaccines Overseas

SEOUL, Oct. 6 (Korea Bizwire) — Individuals who have been inoculated with Chinese COVID-19 vaccines in overseas countries will soon be eligible for vaccine incentives in South Korea. The Central Disaster and Safety Countermeasures Headquarters announced on Tuesday that it was briefed by the Korea Disease Control and Prevention Agency about how to improve the [...]

Kakao Entertainment Asks Webtoon Artists to “Not Frustrate China”

Kakao Entertainment Asks Webtoon Artists to “Not Frustrate China”

SEOUL, Oct. 1 (Korea Bizwire) — Controversy has sparked after a South Korean firm entering the Chinese market asked webtoon artists and web novel writers to refrain from using expressions that may ‘frustrate’ China. Kakao Entertainment, an entertainment arm of tech giant Kakao Corp., reportedly sent out guidelines on ‘inappropriate expressions about China’ to webtoon [...]

S. Koreans with Unfavorable Views of China Rise Sharply This Year: Survey

S. Koreans with Unfavorable Views of China Rise Sharply This Year: Survey

SEOUL, Sept. 28 (Korea Bizwire) — About 73.8 percent of South Koreans have unfavorable views of China, up 14.4 percentage points from last year, a survey showed Tuesday, with many of the respondents citing Beijing’s lack of respect for Seoul. According to the survey of 1,000 adults conducted by the East Asia Institute and Genron [...]

Coupang Suspected of Managing User Data Through Subsidiary in China

Coupang Suspected of Managing User Data Through Subsidiary in China

SEOUL, Sept. 28 (Korea Bizwire) — E-commerce giant Coupang Inc. is facing suspicion that its customer data is being managed by a subsidiary in China and the risk of information leakage is high since the Chinese government can access such information. Independent lawmaker Yang Jung-suk claimed that Coupang has stored and managed customer and location [...]