This report examines the place of China’s automobile industry in the global market and analyzes the recent, rapid increase in Chinese automobile exports. In addition, the implications carried by the rise of Chinese auto exports for the Korean automobile industry are identified and analyzed

From the 1990s to the late 2000s, the production of goods was divided among several countries on the basis of efficiency, and trade based on the global value chain developed around the world. As manufacturing process were split between links on the global value chain, trade in intermediate goods...

Global interest in Environmental, Social, and Governance (ESG) standards has increased. This has stimulated the introduction of new environmental policies in a major economic sector including the shipping industry.The double hull regulation has been evaluated as one of most effective regulations...

The shipbuilding equipment and materials (E&M) industry can play a crucial role in the paradigm shift occurring in the shipbuilding sector, dominated by the transition to smart and eco-friendly vessels. An aggressive strategy for localization and commercialization of shipbuilding E&M is...

As of May 2021, Korea’s exports recorded a 23.4 percent year over year increase.This upturn is considered to be the result of the recovery and rebound from the COVID-19-induced recession. Factors that have contributed to this upturn include the activity in the so-called “untact”...

Secondary batteries are garnering more and more attention as a key to carbon reduction and eventually, carbon neutrality. Formerly associated mostly with IT devices such as laptop computers and mobile phones, secondary batteries are now enjoying renewed interest and rising demand as they are...

Since roughly 2015, the world has been witnessing the dawn of the age of “NewSpace,” with space now being explored by a new set of parties for a set of purposes distinct from those of the past. NewSpace is commonly used to refer to the private sector’s growing leadership in space...

The administration of U.S. president Donald Trump has emphasized modern military capability as a top priority, and the U.S. Congress has passed a nearly $700 billion defense appropriations bill in form of the National Defense Authorization Act of FY2018. As a result, investment in the...

Since the 1990s, trade costs have been decreasing dramatically and trade volume worldwide also has been increasing. Multinational Corporations(MNCs) are the main players for this kind of globalization. UNCTAD (2009) documents that there were about 82,000 MNCs with about 810,000 foreign...

The BSIs for the 1st quarter of 2014 indicate that the economic sentiment of manufacturing firms has worsened compared to the last quarter. The manufacturer’ assessment of business conditions has been below the baseline (100) since last year. Except for the ordinary profit (102), the BSIs on...