The Korea Times close
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
Business
  • Tech
  • Bio
  • Companies
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
Entertainment
& Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
Sports
World
  • SCMP
  • Asia
Video
  • Culture
  • People
  • News
Photos
  • Photo News
  • Darkroom
  • The Korea Times
  • search
  • Site Map
  • E-paper
  • Subscribe
  • Register
  • LogIn
search close
  • The Korea Times
  • search
  • Site Map
  • E-paper
  • Subscribe
  • Register
  • LogIn
search close
  • National
  • World
  • Business
  • Lifestyle
  • Culture
  • Dear Abby
  • Editorial
  • Football Inside
  • Hackers Toeic
Sun, August 14, 2022 | 00:37
Business
Korean exporters start rethinking 'China strategy'
한국 수출업체, '대중국 전략' 재고
Posted : 2022-07-05 16:15
Updated : 2022-07-05 16:34
Print Preview
Font Size Up
Font Size Down

Seoul asked to maintain strategic balance between US, China
한국, 미국과 중국 사이 전략적 균형 유지 필요


By Kim Yoo-chul

There was a period when top-tier U.S. tech leaders were just "allin" when it came to China, followed by Korea's leading exporters including the tech affiliates of Samsung, LG, SK and Hyundai.
미국 일류 기술 선도자들이 대중국 사업에 ‘올인'했던 시대가 있었고 삼성, LG, SK, 현대의 기술 계열사를 비롯한 한국의 주요 수출 기업들 역시 이를 따랐다.


Given its vast population of some 1.5 billion, hugely growing middle-class, loosening economic restrictions, low-cost and high-labor-intensity manufacturing centers, China remains an indispensable market for these Korean exporters. Still, without a sizable presence in China, it will be difficult for Korean exporters to position themselves as "global" in nature and vice versa for multinational businesses.
약 15억의 방대한 인구, 급속히 증가하는 중산층, 완화된 경제 규제, 저비용 및 노동집약적 공업중심지들을 감안할 때 중국은 한국 수출업체들에게 없어서는 안될 시장이다. 중국에서 상당한 입지가 없다면 한국 수출업체는 본질적인 ‘세계적' 기업으로 자리 잡기가 어렵고 그 반대인 다국적 기업의 경우도 마찬가지다.


Seoul's renewed focus in regard to China as well as both NATO and Washington's Indo-Pacific strategy — in terms of strengthening its relationships and also regarding trade matters — is making Korea's leading exporters rethink their business strategies in China, according to government officials and company executives contacted by The Korea Times.
정부 관계자와 기업 경영진은 코리아타임스와의 인터뷰에서 한국 정부가 중국뿐만 아니라 관계 강화 및 무역 문제 측면에서 북서대양조약기구(NATO•나토)와 미국의 인도-태평양 전략에 대한 새로운 초점을 맞추면서 한국의 주요 수출업체들이 중국에서 비즈니스 전략을 재고하게 했다고 밝혔다.


However, some consider President Yoon Suk-yeol's NATO Summit invitation acceptance as a kind of reward for recently aligning Seoul's foreign policy more closely with Washington and its democratic allies. However, it doesn't make sense at all for South Korea and Korean exporters to keep a distance from China, according to some political experts.
그러나 일각에서는 윤석열 대통령의 나토 정상회의 초청 수락을 최근 한국이 외교정책을 미국 및 민주주의 동맹국들과 더욱 긴밀하게 조율한 것에 대한 일종의 보상으로 여기고 있다. 그러나 일부 정치 전문가에 따르면 한국 및 한국 수출업계가 중국과 거리를 두는 것은 바람직하지 않다.


South Korea is just one of the few countries in Asia with long-standing historical relations with China while also being an important partner in Washington's Indo-Pacific strategy. China accounted for a quarter of South Korea's total exports, data provided by the Korea International Trade Association (KITA) showed.
한국은 아시아에서 중국과 오랜 역사적 관계를 맺고 있는 몇 안 되는 국가 중 하나일 뿐 아니라 미국의 인도-태평양 전략에서 중요한 파트너이기도 하다. 한국무역협회(KITA) 자료에 따르면 중국은 한국 전체 수출의 4분의 1을 차지했다.

KEY WORDS
■ top-tier 일류의
■ affiliate 계열(회)사
■ indispensable 없어서는 안 될, 필수적인
■ sizable 상당한 크기의, 꽤 큰
■ long-standing 오래된
■ account for (부분·비율을) 차지하다

기사 원문 보기


Emailywjeon@ktimes.com Article ListMore articles by this reporter
 
LG
  • Seoul City to retrofit manholes to prevent fatal falls during floods
  • Ruling party politicians' visits to flood-damaged areas cause stir
  • Yoon pardons Samsung chief, other business tycoons to 'overcome economic crisis'
  • Korea lacks data to operate autonomous vehicles
  • Disney beats Netflix in streaming subscribers
  • Lotte Chilsung Beverage CEO's leadership questioned over numerous scandals
  • Star novelist's 'Harbin' on Korean independence fighter becomes bestseller
  • [Exclusive] KDB accelerates drive to set up new hub in EU
  • Why has Apple Pay been unavailable in Korea?
  • Hyundai to set up Robot AI research institute in US
  • Interactive News
  • With tough love,
  • 'Santa dogs' help rebuild burnt forests in Andong
  • 'Santa dogs' help rebuild burnt forests in Andong
  • A tale of natural wine
    • Death of young webtoon artist sparks controversy over harsh working conditions Death of young webtoon artist sparks controversy over harsh working conditions
    • 'Good Doctor' director to debut Netflix's high-strung suspense series, 'A Model Family' 'Good Doctor' director to debut Netflix's high-strung suspense series, 'A Model Family'
    • Musical 'Kinky Boots' tells people to love themselves as they are Musical 'Kinky Boots' tells people to love themselves as they are
    • Reality shows go abroad again amid eased COVID-19 travel restrictions Reality shows go abroad again amid eased COVID-19 travel restrictions
    • Crime thriller 'Limit' is about mother's quest to save abducted son Crime thriller 'Limit' is about mother's quest to save abducted son
    DARKROOM
    • Ice is melting, land is burning

      Ice is melting, land is burning

    • Tottenham 6-3 Team K League

      Tottenham 6-3 Team K League

    • Afghanistan earthquake killed more than 1,000

      Afghanistan earthquake killed more than 1,000

    • Divided America reacts to overturn of Roe vs. Wade

      Divided America reacts to overturn of Roe vs. Wade

    • Namaste: Yogis to celebrate International Yoga Day

      Namaste: Yogis to celebrate International Yoga Day

    The Korea Times
    CEO & Publisher : Oh Young-jin
    Digital News Email : webmaster@koreatimes.co.kr
    Tel : 02-724-2114
    Online newspaper registration No : 서울,아52844
    Date of registration : 2020.02.05
    Masthead : The Korea Times
    Copyright © koreatimes.co.kr. All rights reserved.
    • About Us
    • Introduction
    • History
    • Location
    • Media Kit
    • Contact Us
    • Products & Service
    • Subscribe
    • E-paper
    • Mobile Service
    • RSS Service
    • Content Sales
    • Policy
    • Privacy Statement
    • Terms of Service
    • 고충처리인
    • Youth Protection Policy
    • Code of Ethics
    • Copyright Policy
    • Family Site
    • Hankook Ilbo
    • Dongwha Group