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Study on Changes of Trade Competitiveness of South Korea to China

Ren Ze-zhu

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Abstract

At present,China has become the largest trade partner,the largest export market,the largest target country for foreign investment and the largest origin of surplus of South Korea.South Korea is the sixth largest trade partner,the sixth largest export market and the fourth largest source of import of China.With the rapid rise of China economy,structure and competitiveness of bilateral trade,as well as the status of international market change accordingly,bringing a lot of problems that cannot be evaded.Therefore,in-depth study on changes of trade structure and situation of competitiveness between China and South Korea has important practical significance on prospect of bilateral trade relations.

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What this paper is about

At present,China has become the largest trade partner,the largest export market,the largest target country for foreign investment and the largest origin of surplus of South Korea.South Korea is the sixth largest trade partner,the sixth largest export market and the fourth largest source of import of China.With the rapid rise of China economy,structure and competitiveness of bilateral trade,as well as the status of international market change accordingly,bringing a lot of problems that cannot be evaded.Therefore,in-depth study on changes of trade structure and situation of competitiveness between China and South Korea has important practical significance on prospect of bilateral trade relations.

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Available abstract

At present,China has become the largest trade partner,the largest export market,the largest target country for foreign investment and the largest origin of surplus of South Korea.South Korea is the sixth largest trade partner,the sixth largest export market and the fourth largest source of import of China.With the rapid rise of China economy,structure and competitiveness of bilateral trade,as well as the status of international market change accordingly,bringing a lot of problems that cannot be evaded.Therefore,in-depth study on changes of trade structure and situation of competitiveness between China and South Korea has important practical significance on prospect of bilateral trade relations.

Key concepts: China, International trade, Bilateral trade, Foreign direct investment, Business, Investment (military), International economics, Economics

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