China - Korea

Chronology from Jul 2005 to Oct 2005

: The Korea Shipbuilders’ Association (KSA) announced a possible increase in steel imports from China to cut costs.  Increasing competitiveness of Chinese steel factories threatens POSCO’s market position from the beginning of the year.

: The ROK Navy announces that it will set up a naval hotline with China to avoid accidental armed clashes in the West Sea.

: Grand National Party Assemblywoman Ko Kyung-hwa releases report from the Research Institute of Public Health and Environment showing that the lead content of Chinese-made kimchi is three to five times higher than that of Korean kimchi.

: DPRK KCNA announces that Pyongyang will not dismantle its nuclear program until after Washington provides North Korea with a light-water reactor. PRC Foreign Ministry spokesman indicates that the KCNA interpretation is different from the contents of the joint statement that North Korea agreed to in Six-Party Talks.

: PRC FM Li and FM Ban meet on the sidelines of the UN General Assembly meeting in New York.

: Fourth round of six-party dialogue in Beijing concludes with a joint statement of principles.

: DPRK Cabinet Vice Premier Kwak Pom-gi meets delegation of the China State Electric Network Corporation headed by its President Liu Zhenya

: Seoul announces redoubled efforts to inspect food imports and punish those found to accept contaminated goods following reports that Chinese eels treated with a cancer-causing substance called malachite green had been imported to South Korea.

: Fourth round of Six-Party Talks reconvenes for a second phase of discussions of a proposed joint statement of principles on the North Korean nuclear issue.

: Doosan Heavy Industries & Construction announces plans to cooperate with Harbin Power Equipment Company, China’s largest power facility builder, in bidding for new projects in China, with a focus on the nuclear energy production sector.

: PRC Vice FM Wu Dawei visits Pyongyang and meets with DPRK FM Paek Nam-sun to clarify DPRK positions prior to the resumption of Six-Party Talks.

: ROK Ministry of Information and Communication announces efforts to strengthen internet security on college campuses following press reports from Hong Kong that Chinese hackers from the Association of China’s Red Hackers might try to use Korean servers to launch attacks on Japanese websites.

: ROK Foreign Minister Ban Ki-moon visits Beijing to meet with counterpart Li Zhaoxing on the status of the Six-Party Talks prior to visiting Washington.

: The People’s Bank of China announces that the South Korean won is one of the components of the currency basket created as part of a new “managed float” mechanism for revaluing the yuan.

: Fourth round of Six-Party Talks recesses following discussion of four drafts of a PRC-proposed joint statement.

: Finance Minister Han Duck-soo proposes the establishment of a development bank for Northeast Asia to help North Korea integrate into the regional economy of Northeast Asia.

: Korea Food and Drug Administration announces that cancer-causing malachite green was detected in one out of seven live eel specimens and six out of seven frozen processed eels imported from China.

: Fourth round of Six-Party Talks convenes in Beijing.

: The People’s Bank of China revalues its currency by 2.1 percent while establishing a limited “managed float” mechanism against international currencies, abandoning the previous fixed exchange rate.

: Grand National Party Assemblyman Lee Ke-jin calls for Seoul to permit the Dalai Lama to visit South Korea to receive the “Manhae Peace Prize,” offered by a local Korean civic group. Seoul has refused to permit the Dalai Lama to visit the ROK to avoid offending the PRC.

: PRC State Councilor Tang Jiaxuan visits Pyongyang as a special envoy of PRC President Hu Jintao and meets with DPRK Chairman Kim Jong-il.

: A Chinese man takes a picture of an unidentified flying object hovering over Mount Paekdu, spawning reports of UFO sightings by Korean tourists to the area.

Date Range