SEOUL, Jul. 30 (Korea Bizwire) — South Korea and China have agreed to continue communications to ensure stable supply chains and spur bilateral trade and investment during their economic talks in Beijing, Seoul’s foreign ministry said Tuesday. Kim Jin-dong, director-general for bilateral economic affairs at the ministry, met with his Chinese counterpart, Wang Liping, on [...]
SEOUL, Jul. 10 (Korea Bizwire) – The National Museum of Korea is set to unveil a stunning collection of lacquerware from three East Asian nations, offering visitors a rare glimpse into the rich cultural heritage of the region. The special exhibition, titled “Three Countries, Three Colors: East Asian Lacquerware,” opens on July 10 in the museum’s [...]
SEOUL, Jun. 18 (Korea Bizwire) — Second Vice Foreign Minister Kang In-sun on Tuesday underscored efforts among South Korea, China and Japan to further cement the trilateral cooperation, calling it a vital framework for the development of the three-way relationship despite many “difficulties.” Kang made the point at a forum, stressing that the solid cooperation [...]
SEOUL, Jun. 14 (Korea Bizwire) – Digitally altered photographs depicting the South Korean soccer star Son Heung-min injured and in a wheelchair have spread online in China, appearing to reflect lingering tensions after a recent World Cup qualifying match between the two countries. The manipulated images began circulating on Chinese internet forums following the June 11 [...]
SEOUL, Jun. 10 (Korea Bizwire) — South Korea’s exports to the United States exceeded those to China so far this year, data showed Monday, raising the possibility that the U.S. could be the top export destination for South Korea for the first time in 22 years. Outbound shipments to the U.S. amounted to $53.3 billion [...]
SEOUL, May 13 (Korea Bizwire) — Business leaders of South Korea, Japan and China plan to convene in Seoul this month to discuss regional economic cooperation and strengthen exchanges, according to industry sources Monday. According to the sources, the Korea Chamber of Commerce and Industries, the Japan Business Federation and the China Council for the [...]
SEJONG, May 8 (Korea Bizwire) – Sam’s Club, the membership-only retail warehouse chain owned by Walmart, is eager to purchase Korean products across several categories, presenting a significant opportunity for small and medium-sized Korean companies looking to penetrate China’s consumer market. The Korea Trade-Investment Promotion Agency (KOTRA) revealed on May 7 a list of items that [...]
WASHINGTON, May 6 (Korea Bizwire) — South Korea has raised its automotive industry’s concerns with the United States over Washington’s inquiry and envisioned rules to address potential security risks from “connected vehicles” that use technology from China and other countries of concern. On April 30, the South Korean government submitted its comments to the U.S. [...]
SEOUL, Apr. 19 (Korea Bizwire) – While more than half of South Koreans believe that relations with China have become strained or adversarial in recent times, an overwhelming majority still hopes the two countries can maintain friendly and cooperative ties going forward, according to the results of a poll released on April 18. The survey of [...]
SEOUL, Apr. 11 (Korea Bizwire) – Chinese online shopping platforms, such as AliExpress and Temu, have experienced a remarkable surge in sales, with an increase of over 130% in just six months since their entry into the South Korean market. The data reveals that transactions under 30,000 won accounted for the majority of sales, at 78% [...]