SEOUL, Jan. 7 (Korea Bizwire) — POSCO, the world’s fifth-largest steelmaker by output, said Friday that it has started the construction of a plant in China that will produce galvanized steel sheets to be used in making cars. The plant in Tangshan in northern China’s Hebei Province, whose construction is to be completed by 2023, [...]
SEOUL, Dec. 31 (Korea Bizwire) — Chinese internet search behemoth Baidu has been rejecting requests to correct Korean poet Yun Dong-ju (1917-1945)’s nationality over the past year. Baidu introduces Yun, as well as Korean independence fighters Lee Bong-chang (1900-1932) and Yun Bong-gil (1908-1932) as of Chinese nationality and lists their ethnic group as “Joseonjok” or [...]
SEOUL, Dec. 30 (Korea Bizwire) — Hyundai Glovis Co., the logistics unit of Hyundai Motor Group, announced on Wednesday that it will establish a railroad transport unit in the southwestern Chinese city of Chengdu as part of efforts to expand its logistics operations between China and Europe. The company said that a new corporate entity, [...]
SEOUL, Dec. 29 (Korea Bizwire) — Seven out of 10 South Koreans chose China as the biggest security threat to their country among the neighbors, excluding North Korea, a survey showed Wednesday. According to a survey by the state-run Korea Institute of National Unification (KINU) on 1,006 adults, 71.8 percent of the respondents picked China [...]
SEOUL, Dec. 28 (Korea Bizwire) — Most South Koreans, especially younger people, don’t like China even though the administration of President Moon Jae-in has pursued pro-China policies, main opposition presidential candidate Yoon Suk-yeol said Tuesday. Yoon of the People Power Party (PPP) made the remarks during a discussion hosted by the American Chamber of Commerce [...]
SEOUL, Dec. 23 (Korea Bizwire) — A majority of South Korean businesses in China are struggling with a rapidly deteriorating environment for local investment as well as regulatory discrimination compared to Chinese competitors, a major Korean business lobby group said Wednesday. The Federation of Korean Industries conducted a survey of 131 businesses (excluding financial firms) [...]
SEOUL, Dec. 19 (Korea Bizwire) — Samsung Electronics Co. has established a special team to spearhead efforts to prop up sales of its mobile phones and electronic devices in the Chinese market, industry sources said Sunday. The new team will focus on mobile devices, consumer electronics and video displays, and will be directly managed by [...]
SEOUL, Dec. 14 (Korea Bizwire) — More than half of all South Koreans believe that they should join the U.S. diplomatic boycott of the Beijing Olympics, a survey showed Monday. The Korea Society Opinion Institute conducted a survey of 1,004 Koreans over 18 years of age, 50.9 percent of whom said the country should join [...]
SEOUL, Dec. 6 (Korea Bizwire) — Hyundai Motor Group ranked first on a list measuring carmakers’ corporate social responsibility (CSR) activities in China for the sixth consecutive year. The South Korea’s top automotive conglomerate, which has Hyundai Motor Co. and Kia Corp. under its wing, announced that in the 2021 China CSR development index evaluated [...]
SHANGHAI, China, Nov. 30 (Korea Bizwire) — Shanghai Junshi Biosciences Co., Ltd. (“Junshi Biosciences”, HKEX: 1877; SSE: 688180) announced today that the National Medical Products Administration (NMPA) of China has approved its supplemental New Drug Application (sNDA) for toripalimab in combination with cisplatin and gemcitabine as the first-line treatment for patients with locally recurrent or [...]