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Korea and the Dual Chinese Challenge economic integration, economic cooperation

Author Françoise NICOLAS Series 05-01 Language English Date 2005.04.30

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The economic rise of China and its integration into the globalization process is undoubtedly one of the most important developments of the past decades. The resulting change in the global balance of economic activities has far-reaching implications for the world as a whole and for neighboring emerging economies in particular, with Korea as a case in point. (The rest is omitted.)
Executive Summary

I. Introduction

II. The Rise of China: A Dual Challenge for Korea
1. China as a major trading partner
2. China as a competitor in third markets
3. The “huge sucking sound” from China: is it for real?
4. China's rise as a regional leader

III. Responding to the Dual Chinese Challenge
1. Re-orienting Korea firms' strategies
2. Addressing domestic economic weaknesses
3. Korea's regional strategy

IV. Summary and Conclusions

References

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