If China and South Korea trade freeze, South Korea will be difficult to estimate the loss
Orient Honest
www.china-disposable.com
2017-03-16 15:26:41
Since March 6, "Sade" system part of the equipment through the military transport aircraft arrived in Korea US Army Wushan Air Force Base, China has spontaneously set off the Korean sentiment. There are months to complete the deployment, it is expected that with the escalation of the situation, even if not off, from the official response is bound to China and South Korea's trade relations and other areas of cooperation have a greater impact. However, the political contradictions of this confrontation, the domestic industrial upgrading and national brand development is how to know non-blessing.
Korea has always been one of the most important trading partners in China and can even be said to be one of the biggest beneficiaries of China's reform and opening up. Sino-Korean trade freeze, the total point of view on China's impact is not even conducive to thickening of net exports, the United States is difficult to assess the loss.
First, according to the bilateral trade volume, 2016 Korea is China's seventh largest trading partner, in front of the country (region) is Japan, the United States, the European Union, Hong Kong, ASEAN and Taiwan. Although the total import and export volume of Korea in the past few years accounted for a slight decline in the total import and export volume, but in the global trade under the dangers of shrinking, there are still close to 7% share, which shows the importance. But at the same time to note that South Korea has been for many years reelected China's largest trade deficit countries. The trade deficit with Korea accounts for more than 6% of China's total trade surplus. Therefore, the total point of view, if the Sino-Korean trade blocked, the objective also helps China to slightly increase net exports.
Korea has always been one of the most important trading partners in China and can even be said to be one of the biggest beneficiaries of China's reform and opening up. Sino-Korean trade freeze, the total point of view on China's impact is not even conducive to thickening of net exports, the United States is difficult to assess the loss.
First, according to the bilateral trade volume, 2016 Korea is China's seventh largest trading partner, in front of the country (region) is Japan, the United States, the European Union, Hong Kong, ASEAN and Taiwan. Although the total import and export volume of Korea in the past few years accounted for a slight decline in the total import and export volume, but in the global trade under the dangers of shrinking, there are still close to 7% share, which shows the importance. But at the same time to note that South Korea has been for many years reelected China's largest trade deficit countries. The trade deficit with Korea accounts for more than 6% of China's total trade surplus. Therefore, the total point of view, if the Sino-Korean trade blocked, the objective also helps China to slightly increase net exports.
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