of looking solely for low prices, they place strong emphasis on product quality, functions and branding. Branded products, having an up- market image in terms of style, product quality and safety, have become priority choices for consumers.
4. Market players
4-1. Foreign players
Multinational enterprise cashing in and dominating premium market
The lucrative cosmetics market in China has b
A two-day third strategic economy dialogue between U.S. and China was winding up in Washington D.C. on May 11 in 2011. The Strategic Economy Dialogue is a meeting between the United States and China to discuss about the global issues including the area of security, economy and NTS(Non Traditional Security). With the rapid riseofChina today, it is the remarkable evidence that the United States h
Raises a question about the bottle cap role
->> Lead to an arms races
1. U.S.
- Grand strategy containing the rising power ofChina
Refer Japan as Britain in Far East (Armitage report, 2000)
2. Japan
- Using the US encouragement on the normalization
Financial support for U.S.
3. Unstable environment
- Rising China and NK’s nuclear threat (Armitage report, 2007)
Recently, In April 10 2011, the prime minister of Republic ofChina, Wen Jiabao, announced that china will continuously implement the tightening measures against inflation and the real estate market which had begun since the April 2010. In respond, China's central bank said it would raise the amount of money that lenders must keep in reserve as official concerns persist over inflation and rising
China’s Development by FTA with SK
Economically & Politically
Boost Mutual Economic Exchanges
1. Lowering of tariffs encourage competition
2. Increase in market share &Foreign Investors Improve “Competitiveness” in the manufacturing industries
Boost Political Influence over North East Asia
RiseofChina
1. Crumble of Current Security System “Cold War” Style
(SK-US-Japan