Business Today: Korea-China business, economic ties

Chinese President Xi Jinping concluded his two-day state visit to South Korea last week. The Chinese leader's visit was significant for many reasons. For one, it was a break from tradition for him to come to South Korea before going to the North. But it was also significant for the huge business delegation he traveled with. The two presidents met with some 500 business leaders from the two countries in a joint investors' forum earlier this afternoon. There are lots of business and economic implications there. Let's take a closer look with Dr. Kim Byoung-joo - Dr. Kim is live on the line. Let's start with the Korea-China FTA. Both leaders agreed to conclude the bilateral FTA by the end of the year. Many saw this as a bold move because there have been several very tough issues that needed to be worked out by the two sides. What's your take on it? Despite the apparent difficulties --- not only in terms of time, but also scope and depth -- many agree that the coming FTA will be an ambitious one. What do you think? It's been said there is trade-structure-based skepticism about the expected benefits of this FTA. What would you say about that? There was a huge gathering of business leaders from both countries on the second day of the summit. Would that have helped speed up the FTA negotiations? China is definitely one of the most, if not the most, important markets for Korea... and increasingly so... Korea is also becoming a key strategic partner for China on not only the economic, but the political and diplomatic fronts as well. Thank you, Dr. Kim, for speaking with us and we hope to see you back here in the studio tomorrow.

Видео Business Today: Korea-China business, economic ties автора Маркетологический талант