Trade between Bohai of China and Korea: An international perspective

This article investigates the current state and future prospects of trade between South Korea and China, with a focus on China's Bohai region. First, it compares basic economic profiles, including trade patterns of China, Bohai, and Korea. Then, it explores trade prospects between these economies using the aid of the indices, such as export similarity and trade complementarity. The article also examines the trade creation and diversion effects of trade between Korea, China, and Bohai during the last decade, and, finally, presents alternative future trade projections. Editor's Note: The three articles in this section were originally prepared for and presented at an international conference on Regional Development in the Yellow Sea Rim, in February 1991, in Seoul, Korea. The conference was part of a two-year collaborative study on regional development in the Yellow Sea Rim, involving researchers from China, South Korea, the United States, and Japan. The study was organized by the East-West Population Institute of Hawaii and supported by many research institutions and government agencies in China and the Republic of Korea. In particular, the State Science and Technology Commission of China and the Korea Research Institute for Human Settlements are acknowledged for their generous support.