BEIJING, Aug. 14 (Korea Bizwire) – China said Monday it will enforce the latest United Nations sanctions on North Korea this week, banning the imports of resources and seafood from the country. The United Nations Security Council adopted Resolution 2371 on Aug. 5 in response the North’s two intercontinental ballistic missile tests in July. The new [...]
SHANGHAI, CHINA, Aug. 10 (Korea Bizwire) - Global brand and marketing consultancy Prophet today announced it has collaborated with Alimama, the marketing technology platform of Alibaba Group, to build a new model to transform brand building in China. The Brand META Model helps companies take advantage of the unique consumer dynamics and digital ecosystem of the Chinese market to fuel [...]
SEOUL, Aug. 8 (Korea Bizwire) — South Korea may be hit hardest if the United States turns up the heat on China over trade issues as Seoul vies fiercely with Beijing for a bigger slice of the U.S. market, a report said Tuesday. The Korea International Trade Association (KITA) claimed in the report that Washington [...]
JEJU, Aug. 7 (Korea Bizwire) — A highly invasive macroalgae species which has impacted the waters off South Korea’s largest island of Jeju comes from an east Chinese archipelago, a local think tank said Monday. The South Korean resort island is plagued in spring and summer by inflows of the alien seaweed, known as Sargassum [...]
BEIJING, Aug. 7 (Korea Bizwire) — Gridsum Holding Inc. (“Gridsum” or the “Company”) (NASDAQ:GSUM), a leading provider of cloud-based big-data analytics, machine learning, and artificial intelligence solutions in China, held its partner conference in Beijing to enhance its legal and e-government solutions in China and to further scale Gridsum’s ecosystem in those areas and beyond. [...]
SEOUL, Aug. 7 (Korea Bizwire) — Hanssem, an interior and lifestyle company, said Monday it will open its first Chinese branch in Shanghai this week to compete in the 740 trillion-won (US$656 billion) market. The two-story Hanssem Shanghai Flagship Store will open Tuesday in the Changning District. The store will cover some 13,000 square meters, [...]
SEOUL, Aug. 6 (Korea Bizwire) — The number of South Koreans traveling to China plunged from April through June of this year amid the diplomatic row over Seoul’s decision to deploy U.S. anti-missile defense systems on its soil, tourism industry data showed Sunday. The total visitors going to China fell by 50 to 60 percent [...]
SEOUL, Aug. 3 (Korea Bizwire) — Subsidiaries of South Korean retail giant Lotte Group saw their earnings tumble in the second quarter, data showed Thursday, stung by China’s retaliation over Seoul’s decision to deploy an advanced U.S. missile defense system. In early March, Lotte agreed with the Seoul government to swap its golf course in [...]
SEOUL, Jul. 31 (Korea Bizwire) — The Korea Meteorological Administration (KMA) said Monday that it will hand over its numerical weather prediction (NWP) technology that it developed for the 2018 PyeongChang Winter Olympics to China, the host of the 2022 Winter Games. “To that end, a Korea-China NWP model cooperation workshop will be held at [...]
HONG KONG, Jul. 27 (Korea Bizwire) — VistaJet continues to build on its China growth and demonstrates a commitment to the region by expanding its team and launching a Chinese language website. This follows a surge of interest from the April launch of a bespoke WeChat booking platform. A photo accompanying this announcement is available [...]