SEOUL, Dec. 2 (Korea Bizwire) — Korean instant noodles are making a strong comeback as the Chinese ramen market, after a recent stalemate, has been regaining vitality. The Korea Trade-Investment Promotion Agency (KOTRA) reported on Saturday that Chinese ramen imports surged from US$83.8 million in 2014 to $240 million last year. Imports of Korean instant [...]
HONG KONG, CHINA, Dec. 2 (Korea Bizwire) – China’s 2005 reform of its dual-class share structure was said to have improved listed firms’ corporate governance by allowing companies’ founding shareholders to convert previously restricted stock into openly traded shares. Some academic studies suggested the changes better aligned the interests of large shareholders and public investors. [...]
SEOUL, Nov. 29 (Korea Bizwire) — SK Energy, South Korea’s leading oil refinery and gas station operator, said Friday it has invested 76 billion won (US$64 million) in a joint venture (JV) with a Chinese company to tap into the neighboring country’s asphalt market. SK Energy and Zhejiang Baoying Group set up a 49:51 joint [...]
SEOUL, Nov. 28 (Korea Bizwire) — Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, said Thursday it has set up two joint ventures (JVs) in China to advance into the local secondhand car and shipping markets. Hyundai Glovis and Beijing Changjiu Logistics Co. have formed two separate joint ventures — Beijing Changjiu Glovis [...]
SEOUL, Nov. 26 (Korea Bizwire) — Chinese carmaker Geely will soon be joining the South Korean market for electric vehicles (EVs). China’s Geely New Energy Commercial Vehicle Group (GCV), South Korea’s POSCO International Co., and IT Engineering signed an agreement at the headquarters of GCV in Hangzhou on Monday to introduce GCV’s electric trucks in [...]
SEOUL, Nov. 21 (Korea Bizwire) — Amid a deepening divide between Korean and Chinese students at local universities over the issue of the democratization movement in Hong Kong, a number of Chinese students are being reported for offensive conduct. One student at Hanyang University responsible for setting up the Lennon Wall and receiving messages from [...]
SEOUL, Nov. 21 (Korea Bizwire) — The host organization that set up the ‘Lennon Wall’ at Seoul National University (SNU) to voice support for the democratization movement in Hong Kong plans to take action after the wall was partially damaged by several spectators. The SNU Student Organization to Tell the Truth About Hong Kong filed [...]
SEOUL, Nov. 20 (Korea Bizwire) — Around 32 percent of ultrafine dust in South Korea can be attributed to China, a piece of joint research by South Korea, China and Japan showed Wednesday, as fine dust pollution continues to be a regional environmental headache. An average of 51.2 percent of ultrafine dust in South Korea [...]
London, United Kingdom, Nov. 19 (Korea Bizwire) — SNOMED International is pleased to announce a recent partnership with Digital China Health Technologies Co., Ltd (DCHealth) as an approved delivery agent of SNOMED CT education throughout China. DCHealth and SNOMED International have struck an agreement to deliver mutually agreed upon SNOMED CT educational content including the [...]
SEOUL, Nov. 13 (Korea Bizwire) — The Chinese government is resorting to violent measures to neutralize Hong Kong protesters calling for democracy. The clash is also spreading throughout universities in South Korea, where banners in support of democracy in Hong Kong are being put up and taken down by supporters and their opposition. Since Monday, [...]