Author: leeh17

According to the Chinese border city of  where most of bilateral trade between North Korea and China is conducted, Chinese firms have proposed establishing a non-tariff trade market between the two nations so that they can trade cheap goods without tariffs. Chinese firms made this proposal when they met with Pak Ung-sik, director of the North’s Korean… Continue reading Chinese firms propose non-tariff trade with North Korea →

In 2010, China smartphone companies such as Huawei,Lenovo,Coolpad, Huawei, Xiaomi and ZTE only accounted for 8 percent of the global smartphone market. Last year, however, they accounted for more than 20 percent according to global research firm Strategy Analytics. China is gradually transforming its past market that used to produce cheap products into premium mobile… Continue reading The Threat of China smartphone companies to Samsung and LG. →

In Lausanne, Switzerland, on April 2nd, the United States, Britain, France, Germany, Russia and China, six world powers and Iran reached the basic framework nuclear deal that limits Iran’s usage of enriched uranium for 10 years. Iran and other six world powers seem to resolve details by June 30 and produce final deal by end… Continue reading Positive Effect of Iran’s Nuclear Deal on China →