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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: StanX Long who wrote (56231)11/25/2001 9:31:51 PM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
This should be good news.

Stan

Monday November 26, 10:01 AM

China's Wto Entry to Expand Korea's IT Exports to China


sg.news.yahoo.com

SEOUL, Nov 26 Asia Pulse - Korea's trade surplus to China in the field of information technology (IT) products should increase by nearly US$400 million a year due to China's entry into the World Trade Organization (WTO), according to an IT think tank.
The Electronics and Telecommunications Research Institute [ETRI] reported Monday that Korea's exports of IT products to China would increase by $587 million a year on average with China's entry into the WTO, while IT product imports from China would grow $191 million a year on average for a trade surplus increase of $396 million.

The ETRI said China's WTO membership is likely to be a challenge as well as an opportunity for the information technology industry, but there is a high possibility that it will work to Korea's advantage both in short and long term perspectives.