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Trade, Investment and Economic Interdependence between South Korea and China *
Author(s) -
Kim JoonKyung,
Kim Yangseon,
Lee Chung H.
Publication year - 2006
Publication title -
asian economic journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.345
H-Index - 28
eISSN - 1467-8381
pISSN - 1351-3958
DOI - 10.1111/j.1467-8381.2006.00243.x
Subject(s) - china , economics , bilateral trade , investment (military) , international trade , international economics , production (economics) , foreign direct investment , macroeconomics , geography , politics , political science , law , archaeology
The Korean economy has been significantly affected by the emergence of China. It is now the largest market for Korean exports and a major supplier of its low‐cost imports but has at the same time become a serious challenger to Korea in the world markets for manufacturing exports. This paper investigates changes in China's export structure and its effect on Korea, and bilateral trade between the two. It also examines the motives for Korean investment in China and its effect on bilateral trade and cross‐border production networks.