• Title/Summary/Keyword: Chinese economy

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Small Business of Korean Chinese : The Case of Two Korean-Chinese Enclave Economy in Shenyang City (조선족의 자영업 활동 : 심양시의 두 조선족집거지경제를 사례로)

  • Lee, Dong-Jin
    • Journal of the Korean association of regional geographers
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    • v.14 no.5
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    • pp.507-520
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    • 2008
  • The two districts, 'Xita' and 'Manrong' in Shenyang City, the cases of this study, form ethnic enclave economies revolving around small business enterprises run by Korean Chinese. This ethnic enclave economy appeared as Korean Chinese came to have 'double ethnic resources'-Korean Chinese and Koreans living in China, and to play the role of middlemen. This was helped by the Chinese government's encouragement(to attract the capitals of South Korea), and the experiences of Korean Chinese who had played in South Korea. This 'double ethnic enclave economy' has put Korean Chinese in a position where they cooperate with Koreans in China on the one hand, but are forced to compete with them on the other. For the development of a Chinese Korean economy, therefore, it is needed to enhance the cooperation with Koreans living in China within the ethnic enclave economies and at the same time to increase economic activities outside of the enclave economy.

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Comparative Study of Korean and Chinese University Students' Economics and Business Literacy

  • CHOI, Byoung-Il
    • East Asian Journal of Business Economics (EAJBE)
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    • v.10 no.1
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    • pp.95-108
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    • 2022
  • Purpose - This study attempts a multifaceted analysis utilizing the Chinese test takers' results of the Economy & Business Aptitude Test. Since Chinese students study socialist theories of economics along with market-based ones, comparing Chinese university students' basic knowledge of economics and business and its application to those of Korean test takers is also very meaningful from the perspective of economics education research. Research design, data, and methodology - This study investigates the results on the test of economy and business understanding between Korea and China. For comparison of the result, we conducted MK-TEST for two universities in China. Result - This study finds that the average correct answer rate of Korea is higher than one of China according to the overall results. The average difference rate is about 15% between Korea and China. More concretely, the correct answer rate of business area is higher than one of economy area, identifying them by subject area. Conclusion - According to the results, this study can infer that there are no or little differences in the ability of examinee to solve applied questions between Korea and China and the differences of the scope and emphasis point in an academic curriculum between both countries might bring these kinds of results. Finally, Chinese students shows higher correct answer rate to the questions about the economy issues and policies related to China than one of Korea examinee.

An analysis on the competitiveness for port facilities in Chinese major ports (중국 환발해만 항만시설의 경쟁력 분석)

  • Park, Chong-Don
    • International Commerce and Information Review
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    • v.9 no.3
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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.

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China's Debt Woes: Not Yet a "Lehman Moment"

  • Sharma, Shalendra D.
    • East Asian Economic Review
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    • v.19 no.1
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    • pp.99-114
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    • 2015
  • What explains the sharp increase in the Chinese economy's indebtedness, in particular the China's onshore corporate debt? Has the overall debt burden reached a threshold where it poses a systemic risk, thereby making the economy vulnerable to a "Lehman Moment" - with disorderly unwinding of the private sector and sovereign debt? What are the short and longer term implications of China's growing debt problems on domestic economic growth and the broader global political economy? What has Beijing done to ameliorate the problem, how effective were its efforts, and what must it do to deal with this problem?

Comparison of Clothing Attitudes and Clothing Purchase Criteria between Korean and Korean-Chinese College Female Students (한국과 중국 조선족 여대생의 의복태도와 의복구매평가기준 비교)

  • Kim, Soon-Sim;Kim, Hyun-Sik
    • The Korean Journal of Community Living Science
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    • v.16 no.3
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    • pp.57-64
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    • 2005
  • The purpose of this study was to compare clothing attitudes and the criteria for clothing selection between Korean and Korean-Chinese college female students in the Yanbian region of China. The subjects were selected as follows: 404 Korean female college students in the Choongchung area and 242 Korean-Chinese female college students in the Yanbian region of China. Questionnaires were used to collect the data and the data was analyzed by frequency, factor analysis, and t-test. The major results of this study were as follows: The clothing attitudes of the total respondents were classified into 5 factors: the fashion involving factor, the modesty involving factor, the economy conscious factor, the brand-name oriented factor, and the practical user factor. The modesty involving factor, the economy conscious factor, the brand-name oriented factor, and the practical user factor were significantly different between Korean and Korean-Chinese college female students. Korean consumers thought highly of the economy conscious factor and the practical user factor compared with Korean-Chinese college female students. However, Korean-Chinese college female students thought highly of the brand-name oriented factor and the modesty factor compared with Korean consumers.

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What lessons can China learn from the Japanese prolonged financial slump?

  • Suzuki, Yasushi;Sohrab Uddin, S.M.
    • Journal of Contemporary Eastern Asia
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    • v.10 no.1
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    • pp.55-71
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    • 2011
  • China has been experiencing high economic growth along with massive change in its industrial structure. How will the industrial structure change affect the Chinese economy? Similar changes were observed by Japan, when the Japanese banking system fell into a structural failure in terms of the inability to respond to the paradigm shift from "catching up" to "frontier economy." This paper is undertaken to highlight the lessons that China can learn from Japan's prolonged financial slump. We point out that big cities in China have already shifted to frontier economy and major provinces are on the same trend. We argue that in spite of economic reform reshaping the Chinese banking system, the financing pattern of state owned commercial banks (SOCB) is not in line with the industrial change. The Chinese banking system should be overhauled or transformed to respond to the increasing uncertainty along with the paradigm shift. Otherwise, China may fall into the same dilemma that Japan had faced in its industrial structure change.

Social Capital and Overseas Chinese Economy: A Comparison of Korean and Chinese ethnobanks in California (사회자본과 화교경제: 캘리포니아주 한인 및 중국계은행의 비교를 중심으로)

  • Ahn, Hyeon-Hyo
    • Journal of the Economic Geographical Society of Korea
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    • v.13 no.4
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    • pp.641-662
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    • 2010
  • Through the comparative studies on Korean and Chinese ethnobanks in the U.S., this research finds the difference in the social capital between Korean and Chinese American economy and reinterprets the social capital in overseas Chinese. In many ethnic studies, the ethnobanks in the U.S. are thought as the main drive of the economic prosperity in the ethnic communities. For the success of these ethnobanks, the relationship banking of these ethnobanks are contrasted with the arms-length banking of the mainstream U.S. banks. However there are the differences both in performance and business strategies even among different ethnobanks. Contrary to the Korean ethnic banks having much portion of business loans, Chinese ethnic banks have stressed real-estate loans in their loan portfolio. This research regards the differences of business strategies and performance of these ethnobanks as the result of the different social, cultural contexts in each ethnic community. From these finings, we can improve the understanding of the concept of social capital in overseas Chinese economy.

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Analysis of the Effect of Economic Growth of China's Fiscal Decentralization (재정분권화가 중국 경제성장에 미친 영향 분석)

  • Choi, Won Ick
    • International Area Studies Review
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    • v.14 no.3
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    • pp.157-177
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    • 2010
  • This study analyzes the effect of fiscal decentralization on economic growth by using each province city's panel data of China from 1985 to 2008. By using Recently developed fiscal decentralization index and autonomy of local government quantified this study finds the following conclusions. The increase of inflation rate affects positive effect on Chinese economy. This is the trade-off relationship with the growth of Chinese economy by the Phillips Curve theory. So this suggests the instability of Chinese economy. The affiliation of WTO of China shows positive effect on Chinese economy. This can be translated as the real evidence about free trade theory of Classical School. Expenditure decentralization in China led to economic growth and revenue decentralization also affected positively although it was not as much as expenditure decentralization's effect. Central tax and local tax negatively influenced economic growth; and differently from our expectation, local government autonomy quantified was not relevant to economic growth.

Investigation of Korean-Chinese Business Management Research (한(韓).중(中) 양국간(兩國簡)의 무역(貿易).경영(經營) 연구(硏究)에 관(關)한 문헌(文獻)적 고찰(考察) -1981년(年)부터 2004년(年)까지를 중심(中心)으로-)

  • Mun, Cheol-Ju;Kim, Yong-Jun;Park, Jung-Dong;Moon, Chul-Woo
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.38
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    • pp.327-376
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    • 2008
  • China is marking 9.4% annual growth rate in average since 1978. GDP reached $1090 in 2003 as the first time and China ranked at 4th with their economy size in 2006. One of the remarkable change in China is the extension of foreign open-door policy. China joined WTO in the end of 2001 and it strengthen the foundation of Chinese market economy structure and encouraged the inflow of foreign capital. While 400 of the 500 global corporations advanced into China, the economy trade has been rapidly increasing between Korea and China. The economy trade in both countries has been regularized since 1992 and the annual trade is tending upwards in last 15 years. Korean trade toward China reached 134,400 million which is increased 27 times compared with the total of 1982. In this period, Korean trade toward China marked 24.5% in Export increasing rate and 16.7% in import increasing rate. China became the 2nd biggest export country of Korea in 2001 and became the top in 2003. As the China foreign direct investment has been increasing rapidly, the number of Korean companies advanced into China has been remarkably increasing. By focusing on a thorough review of the nationally published documents of Korean-Chinese business management research during more than two decades (1981-2004), the present paper has been systematically classified and analyzed the current status of Korean-Chinese business management research. The paper raised some important issues regarding Korean-Chinese business management research and predominantly, its future prospects are outlined. In the paper, the documents which are registered in the Korean Academic Processing Foundation registration of journals and candidate registration of journals have been classified by: research purpose, main subject, research method and the results. Careful analysis among the research clarified the active and inactive business management research fields. This clarification enables us to get a better understanding of the current research of Korean-Chinese business management, and more importantly, it pointed out to the direction of future development of research. In addition, the systematic classification made by this paper may contribute to the decision making of subject index of Korean-Chinese business management research since there has been no classification standard of it until now.

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Chinese Neo-liberalism's the prospect of contemporary and that's theory (중국신자유주의의 현실인식과 그 이론)

  • Kim, Tae-yong
    • The Journal of Korean Philosophical History
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    • no.27
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    • pp.255-292
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    • 2009
  • This thesis is to study on the prospect of contemporary and theory of contemporary Chinese Neo-liberalism philosopher in the 1990s. The previous Chinese liberalists focused only on political and cultural liberalism, neglecting economic liberalism. As a result, liberalism has not taken root in China. Therefore, the social problems of contemporary China are caused by immature and unregulated market economy controlled by the government, not by the market economy. On the other hand, the social relationship in China is not capitalistic yet. The Chinese need to take the gradual developing step to modernize China. China needs to begin an effort to reform China by the way and speed of the refolution, which lies between reform and revolution; not by making new value system, but by keeping daily ethics and rediscovering the Chinese value system, which is the same as universal ethnics. Moreover, it can solve the mental, cultural problems of modern society. Modernization will be achieved not by ruining the Chinese traditions, but by adjusting the traditions, keeping, and strengthening. Consequently, China will be able to move from agricultural absolutism to modern democracy. The democracy can exist only based on the market economy. Therefore, the goal will be accomplished by democracy based on the market economy starting from Confucian tradition.