Title :
The study on the Sino-Korean trade relations in the post-financial crisis period
Author :
Wang Yan ; Gao He
Author_Institution :
Sch. of Econ., Changchun Univ., Changchun, China
Abstract :
China and Korea are two important economies in Asia, even in the world. Recently, the Sino-Korean economic and trade relations showed a momentum of good development overall, the two economies are major trade partners each other with higher trade dependence. However, there are still such problems as bilateral trade imbalance, frequent trade frictions, keen market competition. As the influence of financial crisis weakens, the governments of two economies should carry out intergovernmental exchange and cooperation, promote the building of Sino-Korea FTA, reduce the trade barriers, optimize industrial structures, increase the bilateral investment, promote the balanced development of bilateral trade, enhance the growth of trade in services and technology trade, so that seek for new growth point in bilateral trade and promote steady development of the bilateral trade relations.
Keywords :
economic cycles; trade agreements; trade barriers; China; Sino-Korea FTA; Sino-Korean trade relations; bilateral investment; bilateral trade; bilateral trade imbalance; economic relations; financial crisis; intergovernmental exchange; market competition; post financial crisis period; trade barriers; trade dependence; trade frictions; Economic indicators; Educational institutions; Friction; Government; Machinery; Sino-Korea bilateral trade; countermeasure; mix of exports; problems; trade status;
Conference_Titel :
Information Management, Innovation Management and Industrial Engineering (ICIII), 2013 6th International Conference on
Conference_Location :
Xi´an
Print_ISBN :
978-1-4799-3985-5
DOI :
10.1109/ICIII.2013.6703153