||Competitive and Supplementary Manufacturing Relationship of Korea China Japan
edited by Hyun-soo Shin, Won-bok Lee
As shown earlier, Korea, China, and Japan are experiencing an intensifying similarity relationship in recent times, and is being strengthened towards a supplementary relationship. The rapid industrialization of China through foreign investment attraction and reorganization of the world trading order, is significantly affecting trade with its neighboring countries, Korea and Japan. Therefore, in response to such changes, Korea should expand its market influence in the northeast Asian trade market by strengthening the horizontal and vertical division system for the three countries. Along with this, Korea should prepare for even further intensifying of competition or similarity relationship with China in the majority of the main export industry as well as focus on high-quality products with differentiation of export products, in addition to the development of new products through technology development.