BEIJING, Feb. 28 (Korea Bizwire) — A top executive of South Korea’s biggest amusement park operator, Samsung Everland, has held talks with China’s foreign ministry officials, during which they discussed preparations to send giant pandas to Seoul, according to the Chinese ministry on Saturday. Chinese President Xi Jinping made a state visit to South Korea in [...]
SEOUL, July 30 (Korea Bizwire) — When President Xi Jinping of China visited South Korea earlier this month, around 200 business delegates, including CEOs of major Chinese IT companies like Alibaba, Baidu, Huawei and China Telecom, accompanied him on the trip. All of the Chinese companies are reportedly, gearing up to push deeper into Korean market with [...]
SEOUL, July 24 (Korea Bizwire) – Lotte Fitin, Korea’s one of the largest department stores located in the fashion town of Seoul, Dongdaemoon, is savoring the “Peng Liyuan effect” as the store’s sales skyrockets after a visit from China’s first lady early this month. Lotte Fitin announced on July 22 that since the surprise visit [...]
SEOUL, July 7 (Korea Bizwire) – Korea EximBank said on July 4 that it would provide a shipping finance worth US$295 million to China’s Minsheng Financial Leasing that has signed a deal to purchase three 18,400-TEU containerships from Daewoo Shipbuilding & Marine Engineering. Of the loans that the Korean state-run bank provides, 50 percent will be guaranteed [...]