SEOUL, April 4 (Korea Bizwire) – Chinese travelers’ preference for South Korea plunged over the past year, a survey showed Tuesday, apparently from the tension between the two countries over the deployment of a U.S. missile defense system. A poll by Ctrip, a leading online travel services agency in China, ranked South Korea 16th in [...]
SEOUL, Apr. 3 (Korea Bizwire) — South Korean retail giant Lotte Group saw its brand value rise in the first quarter of this year despite China’s retaliation against the conglomerate over a controversial missile defense system, a poll showed Sunday. Brandstock, a South Korean market research firm that determines the rankings of local brands, said [...]
SEOUL, Mar. 31 (Korea Bizwire) – The South Korean coast guard said Thursday that under a revised bill it will be able to use firearms while cracking down on illegal fishing as long as the use of force is within legal boundaries. Under the revision that passed the National Assembly, the coast guard is allowed [...]
SEOUL, March 30 (Korea Bizwire) – A new study suggests fine dust particles from China in 2007 alone were linked to the early deaths of 30,900 people in Korea and Japan. The global collaborative study by Tsinghua University, Beijing University, the University of California-Irvine, and the University of British Colombia examined the deadly impact of fine [...]
SEOUL, Mar. 30 (Korea Bizwire) — South Korea’s SK Innovation Co. halted operation of its battery packing plant in China in January as its business suffered in the face of Beijing’s move to stop a subsidy to electric vehicle makers that use parts from non-Chinese manufacturers, sources said Wednesday. Orders for the joint venture between [...]
SEOUL, March 29 (Korea Bizwire) – South Korea’s export of cosmetics products to China jumped in the first two months of this year from a year earlier, industry data showed Wednesday, underscoring solid gains in trade despite the trade row between Beijing and Seoul over a U.S. anti-missile system. The outbound shipments of cosmetics goods [...]
BEIJING, March 28 (Korea Bizwire) – No Korean film will be shown in the upcoming film festival in Beijing, industry sources here said Tuesday in what appears to be the latest development in the on-going diplomatic feud between the two countries over an anti-missile defense system. The sources said a few Korean films were invited [...]
SEOUL, March 24 (Korea Bizwire) – As North Korea’s development of weapons of mass destruction continues to threaten security in East Asia and jeopardize its already compromising position in the world, speculation is growing over the possibility of global military conflict on the Korean Peninsula involving China and the U.S. The shocking prospect of another [...]
CHANGSHA, China, March 22 (Korea Bizwire) – Ten thousand Chinese police officers will be present at a football stadium here for security reasons when South Korea and China play their World Cup qualifying match this week, the national football governing body said Wednesday. The Korea Football Association (KFA) said the Chinese authorities have decided to [...]
SEOUL, March 22 (Korea Bizwire) – The South Korean economy might suffer some US$20 billion in losses in trade with China in the future, if the diplomatic dispute over Seoul’s installation of a U.S. anti-missile system further escalates, a report showed Wednesday. Tension is rising between the two countries after Beijing took aggressive steps to [...]