|
The Korean government is planning to conduct an on-site survey in China next month to help Korean companies doing business there. Many Korean companies have abruptly shut down and left the country due to growing business difficulties in China.
The Ministry of Commerce, Industry and Energy will work with the Ministry of Foreign Affairs and Trade, the Ministry of Labor, the Ministry of Justice and the Korea Chamber of Commerce and Industry to form a joint task force to stem the tide of Korean companies fleeing China.
The on-site inspections will be focused in Chinese cities that are popular with Korean firms including Qingdao and Guangzhou.
The measure comes after some Korean companies have caused troubles by trying to secretly close their businesses and exit the country without paying taxes and wages.
The Korean management of one such company was detained by angry Chinese workers in Chongming, Shanghai, last month. In another case, a medium-sized Korean company in Qingdao, Shandong Province pulled a "moonlight flight" without paying its Chinese workers.
Korean investment in China this year amounted to US$21.1 billion and accounted for 25 percent of the Korea's entire overseas investment as of September.
Some 19,512 Korean companies or 46.7 percent of all Korean companies operating overseas conduct business in China. Of them, 95 percent are small or medium-sized companies.
(englishnews@chosun.com )
|
