• Journal of Korea Trade
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• 제23권7호
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• pp.147-155
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• 2019

Purpose - As the U.S.-China trade war has become considerably worse, the Chinese government is considering applying non-tariff barriers to trade, especially local contents rule. The main purpose of this research is to check whether it is suitable for Korean investors to invest in the current Chinese capital market. Design/methodology - In order to check the stability of the recent Chinese capital market, we investigated the behavior of foreign equity investment (including Korean equity investment) in the Chinese capital market after China announced the Shanghai-Hong Kong Stock Connect (SH-HK Connect). In this paper, we researched whether international portfolio investment would or would not contribute to an increase the volatility of an emerging market's stock market (Chinese capital market) when foreign investors make investment decisions based on the objective of short-term gains by rushing into countries whose markets are booming and fleeing from countries whose markets are falling. Findings - The empirical results indicate that foreign investors show strong, negative feedback trading behavior with regard to the stock index of the Shanghai Stock Exchange (SSE), and when the performance of foreign investors in the Chinese stock market was fairly good. Also, we found evidence that the behavior of foreign investors significantly decreased volatility in SSE stock returns. Consequently, the SH-HK Connect brought on a win-win effect for both the Chinese capital market and foreign investors. Originality/value - It appeared that the Chinese capital market was very suitable for Korean investors after the China's declaration of the SH-HK Connect. However, the win-win effect was brought on by the Chinese government's aggressive capital control but the capital controls could possibly cause financial turmoil in the Chinese capital market. Therefore, Chinese reform in industrial structure and the financial sector should keep pace with suitable capital control policies.

• 만화애니메이션 연구
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• 통권13호
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• pp.45-65
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• 2008

한국과 중국의 애니메이션 산업은 외국 애니메이션 하청제작 중심의 제작 기반 산업에서 창작 기반 산업으로의 전환을 추진해왔다. 유사한 성격의 산업적 배경과 역량을 보유하고, 수년 동안 정부의 적극적 산업 진흥정책을 거쳐 온 한국과 중국의 애니메이션 산업의 위상은 2008년 현재 시점에서 볼 때 확연한 차이를 나타내고 있다. 중국 창작 애니메이션 생산량은 2004년 이후 매년 2배씩 성장하면서 중국을 세계적 규모의 창작 애니메이션 생산국으로 올려놓았으며, 중국 창작 애니메이션 시청자가 6억 명을 넘어서는 등 내수시장 기반도 확고해지고 있다. 이에 반해, 한국의 창작 애니메이션 생산은 중국의 20% 수준에서 정체상태를 보이고 있고, 국산 애니메이션 방송편성 차별로 인해 내수시장 기반을 상실하였다. 중국 정부는, 우선적으로 방송정책을 통한 애니메이션 방송 유통 시스템 확립과, 수입 애니메이션 배제를 통해 국내 수요 기반 확립에 주력하였고, 동만 기지 설립을 통한 생산기반 확보, 그리고 정부부처 간 유기적인 협조체계를 구축함으로써 단기간에 중국 애니메이션 산업발전을 이룩하였다. 이에 비해 한국 정부는, 애니메이션의 유통, 수요기반 확립보다는 창작 애니메이션 개발 지원에 정책적 자원을 집중하였고, 효과적인 산업정책을 위해 반드시 필요했던 정부 부처 간 협조체계 구축에도 실패하였다. 이는, 한국의 산업기반 확립을 도외시한 '생산자 마인드' 정책, 그리고 그 원인이기도 한 정부 부처 간 유기적인 협조체계의 부재에 따른 것으로 문화콘텐츠 산업정책에 공통적으로 발견되는 한국 정부의 정책적 오류이다. 2008년, 정부가 1조 5천억원의 콘텐츠진흥기금 조성, 콘텐츠산업기본법, 콘텐츠진흥위원회 설립 등 세계 5개 콘텐츠 강국 도약을 위한 산업진흥의 기치를 높이 든 시점에서, 과거 문화콘텐츠 산업정책의 오류를 객관적으로 파악하고, 이를 시정하는 작업은 한국 문화콘텐츠 산업발전을 위해 반드시 필요한 일일 것이다.

• 유통과학연구
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• 제14권12호
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• pp.53-59
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• 2016

Purpose - The concept of lifetime job has disappeared, and men are interested in business foundation to work continuously with similar jobs. The value of business foundation is thought to be important in accordance with the viewpoint of society, government, individuals and family. Research design, data, and methodology - The economic exchange between South Korea and China has been expanded, and they are likely to play an important role in entry into China by business foundation in accordance with economic exchange between the two countries. As Korean residents inflow overseas, small businessmen business foundation shall be given attention scientifically and Korean Chinese business foundation shall be given attention as well. Results - The study investigated the effects on psychological characteristics and small business foundation motives upon business foundation will by using models. Self-efficacy and self achievement had positive influence upon small business foundation of Korean Chinese. The use of control variable had explanatory power (29.6%). Conclusions - The findings would help the government's small business foundation system to promote small business foundation and to be a guide for expansion in Korean Chinese's small business markets. An education program should be developed to strengthen Korean Chinese's self efficacy considering psychological characteristics.

• 산경연구논집
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• 제15권5호
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• pp.1-15
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• 2024

Purpose: The purpose of this study is to explore the development and characteristics of e-commerce in China and analyze the current status of e-commerce platforms in China. Research design, data and methodology: To explore the development of e- commerce in China, this study collects and analyzes Chinese journals and secondary sources. It also conducts a case analysis of the success strategies of leading Chinese e-commerce companies. Results: The analysis showed that China's e-commerce is active in various forms of e-commerce, including B2B, B2C, and C2C, and that the development of e-commerce in China has been divided into three main stages. The Chinese government has been actively implementing various policies to promote the development of e-commerce. Conclusions: In this context, this paper specifically examines the development process of e- commerce in China, the current status of the Chinese e-commerce market, and the characteristics of the Chinese e-commerce market. In addition, the paper analyzes representative B2B, B2C, and C2C companies in China's e-commerce market. The results of the analysis show that Huichongwang, a B2B company, Jingdong, a B2C company, and Taobao, a C2C company, have achieved rapid growth through their core strategies and capabilities. The study also analyzed in detail the problems faced by the Chinese government and companies.

• Journal of Contemporary Eastern Asia
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• 제14권2호
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• pp.37-44
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• 2015

Many people criticized how the Chinese government responded to the Wenchuan Earthquake. They focused on how it failed to address the psychological needs of the survivors. The study presented here approached this issue from a human resources perspective. It was determined that the Chinese government approached the situation in a bureaucratic way that limited the government's capacity and barred non-profit organizations and community groups from participating. It was also found that survivors could not contact these organizations for psychological support. This study concludes that the situation called for a more flexible and improvised institution that would respond to the emerging needs of survivors.

• 한국의상디자인학회지
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• 제13권4호
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• pp.15-28
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• 2011

This study will focus on research and analysis covering the period of time since the creation of the People's Republic of China to current day China, with an emphasis on 20-something year-old women living in Shanghai. In conducting this research, historical evidence of fashion was derived from books, photographs, and Internet resources pertaining to the specific periods of interest. Furthermore, each set of data has been organized in approximately decade-long segments that best reflect the transformation of Chinese fashion from 1949 to 2000. As a result of the countrywide emphasis placed on revitalization of the newly created Chinese state during the period of 1949 to 1965, detail to fashion was largely ignored, in preference to the successful upstart of a working economic foundation. This neglect of fashion is evident by the scarcity of new and daring styles during this period. The following the period of 1966 to 1977 ushered in a cultural revolution that was aptly demonstrated in the changing fashion tastes. When compared with the previous period, the blandness of clothing, authorized by the Chinese government clearly reflected the rules and regulations strictly enforced by a government mandate of conformity and obedience. These orthodox changes were so drastic, that women wearing these clothes could hardly be differentiated from men in the same style wear. After Mao Ze Dong's death in 1976 and the end of the sternest period of the Chinese Revolution, a new era of Chinese culture and fashion was made possible by a more lax and tolerant government. During the later palt of the seventies through the eighties, this new governmental policy fostered more openness and self-expression, both of which led to a newfound interest in expressing one's desires and personality through the clothes he or she chose to wear.

• Journal of Korea Trade
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• 제26권6호
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• pp.118-135
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• 2022

Purpose - The purpose of this study is to investigate the relationships among Chinese state-owned enterprises (SOEs), previous M&A experience, and the probability of deal completion in cross-border mergers and acquisitions (CBMAs). Since Chinese SOEs tend to be recognized by host countries as agents of their home country government, this study argues that SOEs will face difficulties in completing CBMA deals. However, the study expects that these difficulties may vary depending on whether the firm has previous M&A experience because firms can gain the knowledge and capabilities necessary to implement subsequent M&As successfully from past M&A experience. Design/methodology - To investigate our argument, we conduct a logistic regression using a sample of 363 CBMA deals from 304 Chinese publicly listed firms during 2007 to 2017. We used SOEs as an independent variable, experience of domestic and foreign M&As as moderating variables, respectively, and CBMA deal completion as the dependent variable. Findings - The study shows a negative and significant relationship between Chinese SOEs and the completion likelihood of CBMA deals. We find that this negative relationship is strengthened when the firm had prior domestic M&A experience, whereas foreign M&A experience alleviated the negative relationship. Originality/value - The issue of government ownership has remained unclear since government intervention has both advantages and disadvantages in pursuing CBMAs. Our findings support literature that argues Chinese SOEs face legitimacy concerns in the host countries, thereby lowering their CBMA deal completion likelihood. Furthermore, the study enriches the literature by identifying different moderating effects of domestic and foreign M&A experience on the negative relationship between SOEs and CBMA deal completion.

• 통상정보연구
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• 제13권4호
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• pp.203-227
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• 2011

전자정부는 새로운 기술을 이용하여 대중들에게 편리한 정보와 서비스를 제공해줄 뿐만 아니라 서비스의 질을 향상시켜 준다. 오늘날 전자정부는 21세기 국가경쟁력을 높이는 핵심수단으로서 현재 세계 여러 나라가 경쟁적으로 추진하고 있는 대표 프로젝트이다. 국제적으로 전자정부가 보편화되는 추세 속에서 중국 또한 WTO 가입과 함께 전자정부의 발전이 새로운 도전을 맞고 있다. 하지만 이러한 전자정부의 발전과 동시에 많은 문제점들을 드러내고 있다. 특히, 정부와 전자정부에 관련된 법률과 정책이 하나로 통합되지 못하고, 정부의 관리체계를 전환할 수 있는 법적인 근거가 미약하다. 따라서 본 논문은 중국 전자정부의 개념, 추진과정, 구축목적, 관련 정책내용 등 일반적인 사항들을 살펴보고, 한국과 중국의 전자정부 구축현황을 비교하여 시사점을 도출하는데 연구목적이 있다.

• Journal of Contemporary Eastern Asia
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• 제17권1호
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• pp.112-129
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• 2018

Produced by Chinese local television stations, Maritime Silk Road is a documentary which adopts ancient Maritime Silk Road as a historical nostalgia to interpret "the Belt and Road Initiative", a contemporary Chinese economic, political, and cultural strategy put forward by Chinese government mainly aiming at the countries of Southeast Asia. The main body of this article has three parts and the first part analyses how the documentary adopts computer-generated imagery (CGI) to create a historical nostalgia about ancient Maritime Silk Road in the period of Imperial China. At the same time, this part also presents a sense of diasporic nostalgia of the overseas Chinese. This historical and diasporic nostalgia is related to Chinese President Xi Jinping's political discourse: "Chinese dream" that propagandises to build a strong China put forward by Xi in 2013. The second part analyses how this historical and diasporic nostalgia legitimates Xi's "Chinese dream" and how it responds to recent territorial dispute when China continuously claims its territorial sovereignty in the South China Sea. In this light, the documentary repeatedly mentions two political rhetoric: "coexistence" (gongcun) and "mutual benefit"(huli gongying) as a practical strategy to deal with the dispute between China and some countries of Association of Southeast Asian Nations (ASEAN). In the third section, the concept of "community of common destiny" (mingyun gongtongti) is adopted by the documentary to depict a convenient and effective organization of China and ASEAN, which is framed as an ultimate goal that Chinese government is depicted as the potential leader of this nostalgic community. At the same time, by providing different and even opposite viewpoints, this article discusses three controversial political rhetoric to present how historical and diasporic nostalgia is politicalized and served for Chinese diplomacy and national interest. Overall, this article argues that the documentary creates a glorious ancient Maritime Silk Road, as a sense of nostalgia, to expand China's economic and political influence, to respond to the controversial issues, and to reassert China's leadership as the centre of Asia.

• 통상정보연구
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• 제9권3호
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• pp.255-271
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• 2007

It is widely acknowledged that Chinese economy becomes a center of world economy and takes up a considerable portion of the trade in Northeastern Asia. Due to the investment and the logistics modernization strategy of Chinese government, recognizing the importance of logistics, the competitiveness of Chinese major ports is tending upward rapidly. Therefore, it is necessary to analyze the competitiveness of Chinese major ports in order to develop the logistics strategy of Korea by cooperating or competing with Chinese ports. In this study, we analyzed the competitiveness of 10 major Chinese ports with Data Envelopment Analysis(DEA). Through the analysis, we could investigate the efficiency of 10 major Chinese ports and figure out the trend of the efficiency within recent 10 years. In order for Korea to achieve the national strategic goal, becoming a logistics hub in East Asia, it is obvious to understand the competitiveness of Chinese major ports which are major competitor and strategic partner at the same time. This study will be useful to understand the competitiveness of Chinese ports and to develop a logistics hub strategy of Korea.