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Research Article

Study on the Influence of Investment Climate on the Direct Investment Strategy of Korean Manufacturing Industry in China

Sang Kyun Kim

Sogang Institute for East Asian Studies, Sogang University

Published: February 2005 · Vol. 24 No. 1 · pp. 139-171
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Abstract

In 2002, China became the largest investment object and the second largest export object for South Korea taking place of the United States. At the same time, since the benefit is mutual, at the same time South Korea became the sixth investment object and the fourth trading partner of China. After China joined the WTO and opened its financial market, the service industry in circulating field, and the infrastructure industry, the investing form of achieving strategic cooperation with Chinese corporations in this newly open market to expand the operating connection and possess more market share in advance is increasing. Also, more and more Korean companies start to buy stock shares or merge to achieve M&A in order to transform the join ventures to private corporations or to achieve enterprise diversity.
Keywords: Foreign Direct InvestmentInvestment ClimateAdjustment of Investment Strategy