Ik Joon Moon

The Changes in China's Bond and Foreign Exchange Market and Their Effects on Korea

This report focuses on analyzing the changes in Chinas bond and foreign exchange market and their effects on South Korea. This study outlines the Chinese governments bonds policy, status of the bond market, direction of future development and et cetera. It examines the changes, status and outlook of the Chinese exchange rates system. It contains an empirical analysis on the effects of the fluctuation of Chinese bond interest rates on South Koreas bond interest rates, and on factors determining the Won-RMB exchange rates.

China's Green Growth Strategy and Implications for Trade between Korea and China

This report reviewed Chinese green growth policy overall; and also analyzed trade policy, trade disputes, and Korea-China trade. Chinas green growth is that it represents a transition in the mode of economic development. It is also empirically proven that the result of environmental regulation policies provide positive impact on export increases. This paper examines trade disputes related to China’s green growth policy and analysis of environmental products in Korea-China trade.

The Economic Integration of China, Taiwan, and Hong Kong: Implications for Korea's Trade Policy

The rapid economic development and growth of the People’s Republic of China has accelerated the economic partnership and integration among China, Hong Kong, and Taiwan, giving rise to a new Greater China Economy. Since signing the Closer Economic Partnership Arrangement (CEPA) with Hong Kong in 2003, the Chinese central government has been steadily expanding the scope of economic cooperation through a succession of additional and supplementary arrangements. The bilateral economic partnership between China and Hong Kong will only continue to grow further in the coming years as the Chinese government is favorably inclined toward endowing Hong Kong with special trade privileges and status. Moreover, the growing economic partnership between China and Taiwan, spearheaded by the signing and effectuation of the Economic Cooperation Framework Agreement (EC-FA) between the two countries in the June and September of 2010, respectively, will exert an increasing influence on neighboring countries in Northeast Asia. It is thus high time that we carefully examined and analyzed the implications of the increasing attempts at economic integration in Greater China Economy, especially for the Korean government’s trade policy vis-a-vis China, Taiwan and Hong Kong.

An Overview of the China's Two Meetings in 2013 and the Views of the Chinese Economic Policy

The Two Meetings, by far the most significant political event in China, was held from March 3 through March 17, 2013, at the Great Hall of the People in Beijing. The 2013 Two Meetings sought to publicize the aims and objectives of the new economic policy under the new Xi Jinping administration. It also gave way to deliberations on organizational matters that involve the national chairmanship, the appointments to the State Council, and the overhaul of the government organization.