위안화 절상이 한중 교역에 미치는 영향

A Study on the Effects of RMB Revaluation on Trade of Korea and China

This study is on the evolution of Korean companies' investment strategies in accordance to the changes in China's international trade and investment structures and policies since joining the World Trade Organization (WTO). Upon joining WTO, China has made many changes to its trade policies and systems, and direct investment of foreigners. These change have greatly influenced Korea's trading with and investment in China. Since it joined WTO, China has been applying stricter restrictions on exportation due to pressure in international trade and commerce, pressure to increase the value of RMB, and problems with excess liquidity with the constant increase in trading profits. As for the direct investment of foreigners, it has been focusing on reforming the investment-dependent economic structure and using foreign investment to develop its industrial structures and for the global development of Chinese companies. Therefore, Korean companies are required to utilize the business opportunities created by the Chinese government's new economic structure, trade relations, and investment policies and benchmark advanced investment companies' strategies in China to develop new policies and systems that may involve increasing the added value, expanding the service market, and targeting the domestic market.