China Financial Daily

December 28, 2008

The opposition party of South Korea

Filed under: Financial News — Tags: , — Nancy @ 6:57 am -0800

The opposition party of South Korea occupied Congress Hall for resistance of the ruling party who would approve a disputed bill
The main opposition of South Korean, Democratic members of Congress occupied Hall on 26th, in order to prevent the ruling Grand National Party unilaterally through a series of controversial bill relating to economic reform, media management, and so controversial content. South Korean Yonhap News Agency reported that about 50 Democratic members of Congress on that morning suddenly burst into the Hall, closed all entrance to the Hall.

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December 12, 2008

Fukuoka Meeting of China-Japan-South Korea summit

Filed under: Financial News — Tags: , , , , — Nancy @ 6:39 am -0800

China, Japan and Korea are to coordinate to response the crisis
On December 13rd, the leaders of China, Japan and Korea will meet in Fukuoka, Japan. The meeting will be held under the spread of the severe financial crisis situation, and the three leaders will exchange views and discuss countermeasures. This will further strengthen the cooperation between the three countries, promote regional peace and stability in East Asia and Northeast Asia, which plays an important role in development.

China-Japan-South Korea cooperation in the search for new road signs
At present, in trade, energy, environment, disaster prevention and many other areas, Japan and South Korea are facing many of the same or similar issues, so through dialogue and consultation, coordination and cooperation, the three countries in East Asia can benefit a lot of people and bring well-being. With regard to the financial crisis response and cooperation, the leaders of the three countries of China, Japan and Korea will be in Fukuoka, Japan, to discuss a new topic.

Wen Jiabao will attend the China-Japan-South Korea summit
Xinhua Beijing on December 4th (Reporter Chang Lu, Xu Song): Foreign Ministry spokesman Liu Jianchao announced on the 4th, that China-Japan-South Korea summit meeting would be held on December 13rd in Fukuoka, Japan, and Chinese Premier Wen Jiabao will attend the meeting. The three leaders will exchange views on mutual interest and regional and international issues of China-Japan-South Korea cooperation.

Fukuoka meeting is worth looking forward
In the face of pressure of the international financial crisis and economic slowdown of growth, How East Asian countries who the economic structure are biased in favor of the exports to strengthen cooperation and tide over their difficulties in recent years, China, Japan and South Korea face the common task. On the whole, China, Japan and South Korea have a solid foundation for economic and trade cooperation. In recent years, deepening economic and trade relations between the three countries. 2007 Sino-Japanese trade and trade in China and South Korea respectively reached 236billion U.S. dollars and 159.9 billion U.S. dollars. China has replaced the United States as Japan’s largest trading partner, and Japan-South Korea bilateral trade volume has more than 80 billion U.S. dollars. Along with the economic downturn of The United States and Europe, China-Japan-South Korea are to strengthen economic and trade relations.

Improve the mechanism to promote development
South Korea, in the upcoming China-Japan-South Korea summit of leaders of the three countries, is full of hope, and for the meeting made positive efforts. From the government level, the South Korean government has not only been actively promoting the three foreign ministers meeting and meeting of leaders of the three countries, but also South Korean President Lee Myung-bak early in October this year put forward the first meeting of finance ministers of China-Japan-South Korea. Public opinions in South Korea also have positive positive publicity, hopes this meeting of leaders of the three countries to be a success.

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