China - Korea

Chronology from Jul 2004 to Oct 2004

: ROK government confirms that 107 metric tons of sodium cyanide, a key ingredient in the manufacture of nerve gas, was sent to North Korea via China in 2003.

: LG Chem Ltd. announces plans to double its production capacity in China of polyvinyl chloride and acrylonitrile butadiene styrene, two key petrochemicals with a wide range of industrial uses, to 1 million tons and 700,000 tons, respectively.

: ROK Ministry of Finance and Economy announces that government approval will be required before hi-tech companies can invest overseas or to be acquired by foreign firms.  The regulation is motivated by growing fears that investment in and from China is eroding South Korea’s comparative advantage in key hi-tech industries.

: Author Scott Snyder and SoRhym Lee are married in Seoul.

: Central Defense Commission Chairman Kim Jong-il meets in Pyongyang with a senior communist party delegation from the PRC led by Li Changchun, who informs the DPRK leadership that China would continue to provide development assistance to North Korea.

: Hyundai Motor Company announces plan to complete the construction of a second passenger car plant by late next year at a site near Beijing.

: Seoul and Taipei sign an aviation agreement to reopen regular airline services by national flag carriers for the first time since 1992.

: Chairman of the Chinese People’s Political Consultative Conference Jia Qinglin arrives in Seoul for consultations marking the rapid expansion of China-South Korea economic relations.

: The 12th anniversary of the establishment of normal relations between the Republic of Korea and the People’s Republic of China.

: Vice Foreign Minister Wu Dawei visits Seoul and negotiates a five-point verbal accord with ROK counterparts to bring under control the dispute over historical interpretations of the significance of the Goguryeo kingdom as part of China’s and Korea’s respective national histories.

: Shanghai Automotive Company begins conducting due diligence on the Ssangyong Motor Company in preparation for its purchase from Ssangyong’s creditors.

: A Korea Herald survey of South Korean National Assembly members shows 80 percent as naming the U.S. as Korea’s most important diplomatic relationship, with 5.7 percent of members choosing China.  Only 12 members of the ruling party chose China, in contrast to an April poll in which 63 percent of ruling party members identified China as South Korea’s most important diplomatic partner.

: ROK Prime Minister Lee Hae-chan authorizes the Cabinet to pursue efforts to respond to the Chinese claim to the Goguryeo Dynasty as part of its history.

: ROK government officials and lawmakers agree to form an inter-agency committee to respond to China’s historical claims regarding Goguryeo.

: Fifty-two ruling and opposition party members issue a resolution in response to China’s historical claims regarding the Goguryeo kingdom.

: South Korean Director General for Asia-Pacific Affairs Park Joon-woo is dispatched to Beijing to discuss the PRC Ministry of Foreign Affairs’ decision to delete pre-1948 references to Korean history from its official website, among other issues.

: Shanghai Automotive President Hu Mao Yuan signs memorandum of understanding to buy Ssangyong’s 48.9 percent stake and offers reassurances to labor union leaders regarding his intent to secure jobs and steady investment in the company.

: Shanghai Automotive Industry Corporation is selected as the preferred bidder to take over Ssangyong Automotive Company from its creditors.  Bidding was reopened last June after a bid by China National Bluestar Corporation failed due to Ssangyong Motor Company labor union opposition.

: “Korean Wave 2004,” showcasing Korean culture with an Andre Kim fashion show and leading Korean pop stars such as BoA, Lee Jung-hyun, Kang Ta, NRG, and Dongbangshingi, held at the Great Hall of the People in Beijing.

: A series of hacking incidents that penetrated 211 computers at 10 different ROK government agencies was reported to have emanated from China, sparking a major government investigation and raising ROK concerns about cybersecurity.

Date Range