Korea (Enchiridion of Nations)

Author: Dong Xiangrong (Editor)
Publisher:
Publish Date: 2006-01-24
Features: South Korea, also known as the Republic of Korea, is located in the southern part of the Korean Peninsula in East Asia. It shares its northern border with North Korea and is surrounded by the sea on three sides. Originally an agricultural country, it has rapidly developed its economy since the 1960s by introducing a large amount of foreign investment and advanced technology and equipment. Its gross national product and per capita output rank among the top in Asia. Today, it has become a multifaceted industrial nation with strong industrial, financial, and commercial sectors. Since the establishment of diplomatic relations between China and South Korea, the friendly cooperative relationship between the two countries has developed rapidly, and they have become important trading partners in the economic field.