Study On The Mechanism Of Trade Friction In China And South Korea

There has been a profound ties between China and South-Korea in history, geography, and culture. This provides a good condition for the development of Sino·South Korea trade. And at present, the economy of the two country are indifferent phases of development, the structure of both economy is highly complementary, and each depends on the other, this also provides the necessity and the possibility of bilateral trade and economic cooperation. Ever since the establishment of diplomatic relations in1992, the Sino-South Korean trade has made a considerable progress.But it is undeniable that although the prospects of Sino-South-Korea. Trade cooperation looks promising, but under superficial prosperity is the unfavorable facts that, both are the first trade disputes object of each other, the trade friction of the two sides occurs constantly, besides, the trade disputes increase day by day, and presents a continuous, multiple characteristics, and moreover may develop into a potential factor that endangers the mutual relations of both sides. These problems have mainly for the following reasons:the struggle against the national interests of the two countries led to increasingly fierce market competition; vertical main features of the trade, China’s trade policy changes, China South Korea’s main export enterprises structural defects, South Korea on the import of Chinese products has led to the restrictive measures in bilateral trade imbalance, the Chinese trade deficit of serious trade protectionism is leading to the main trade friction between China and South Korea.The trade relations between China and South Korea made the prospects for the development prospects of the two countries through the trade policy studies found that a number of trade relations between China and South Korea will allow the development of better, faster favorable policies. China and South Korea will promote the upgrading of the possible establishment of a free trade zone between China and South Korea, will advance we can see the future of trade relations between China and South Korea is still the mainstream in the win-win cooperation, and cooperation to maintain progress in the direction of development.