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Unification Minister Calls on China to Enable N. Korean Defectors to Decide Country of Choice

Unification Minister Calls on China to Enable N. Korean Defectors to Decide Country of Choice

WASHINGTON, Nov. 6 (Korea Bizwire) — South Korea’s Unification Minister Kim Yung-ho renewed calls Monday for China to help North Korean defectors move to a country of their choice and ensure their human rights are protected based on the “international norm.” Kim made the remarks in a keynote speech read out by an aide to [...]

U.S. Recession, China’s Downturn to Slow S. Korean Economic Recovery: Fitch

U.S. Recession, China’s Downturn to Slow S. Korean Economic Recovery: Fitch

SEOUL, Oct. 20 (Korea Bizwire) — The South Korean economy is forecast to be on a recovery track next year but the pace will be “very gradual” as China’s significant economic slowdown and a recession in the United States would hinder the growth of its exports, a senior Fitch Ratings analyst said Friday. Jeremy Zook, [...]

S. Korea, U.S., Japan Install Trilateral Communication Hotline amid N. Korea, China Challenges

S. Korea, U.S., Japan Install Trilateral Communication Hotline amid N. Korea, China Challenges

WASHINGTON, Oct. 16 (Korea Bizwire) — South Korea, the United States and Japan established a trilateral communication hotline, a senior Seoul official said Monday, in another sign of progress in their three-way security cooperation amid North Korea’s evolving military threats and China’s increasing assertiveness. The establishment of the hotline came after President Yoon Suk Yeol [...]

Gov’t Working to Verify Speculation over China’s Forced Repatriation of N. Korean Defectors

Gov’t Working to Verify Speculation over China’s Forced Repatriation of N. Korean Defectors

SEOUL, Oct. 12 (Korea Bizwire) — The unification ministry said Thursday it is working to verify speculation that China sent back hundreds of North Korean defectors earlier this week, stressing that any North Korean refugees should not be repatriated to the North against their will. China forcibly repatriated around 600 North Korean defectors detained in [...]

China Blatantly Imitates K-Food, Releasing ‘Buldak Bokkeum Myeon’ with Korean Packaging

China Blatantly Imitates K-Food, Releasing ‘Buldak Bokkeum Myeon’ with Korean Packaging

SEOUL, Oct. 11 (Korea Bizwire) – A South Korean politician urged the government on Tuesday to urgently devise measures to prevent Chinese companies from releasing imitated versions of K-foods, as some Chinese companies imitate not only the brand name and packaging but also use the Korean language on their products. Lee Yang-soo, a lawmaker from the [...]

Nuvei Opens New Office in China as It Continues to Expand Its Footprint in APAC

Nuvei Opens New Office in China as It Continues to Expand Its Footprint in APAC

Nuvei’s increased presence in the region is enabling eCommerce businesses to reach local and cross-border customers MONTREAL, Oct. 02 (Korea Bizwire) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today it has opened its latest operational hub in China as it continues to expand its presence in [...]

S. Korea, China, Japan Hold High-level Talks to Discuss Trilateral Summit

S. Korea, China, Japan Hold High-level Talks to Discuss Trilateral Summit

SEOUL, Sept. 26 (Korea Bizwire) — South Korea, China and Japan held a high-level meeting Tuesday to discuss three-way cooperation and explore the possibility of resuming the long-stalled summit of their leaders. The trilateral senior officials’ meeting held in Seoul brought together South Korean Deputy Foreign Minister Chung Byung-won; Takehiro Funakoshi, Japan’s senior deputy foreign [...]

S. Korea, China, Japan to Hold Talks This Week to Discuss Three-way Summit

S. Korea, China, Japan to Hold Talks This Week to Discuss Three-way Summit

SEOUL, Sept. 25 (Korea Bizwire) — South Korea, China and Japan are set to hold a series of meetings in Seoul on Monday to discuss resuming the long-stalled summit of their leaders. The deputy director-general meetings come a day before high-level talks among South Korean Deputy Foreign Minister Chung Byung-won, Takehiro Funakoshi, Japan’s senior deputy [...]