processing trade
2021-07-07
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What is the problem with Korea's trade deficit with Japan?The center of the Korean economy is processing trade.In other words, even if raw materials are purchased from Japan, they are sold to third countries with added value due to commercialization, so they are recorded as GDP in Korea.In other words, it's just added value and passed through.It may be trade deficit for example agricultural products imported from Japan and consumed in Korea are known, but they do not know what is wrong with processing trade.
If the cost of raw materials imported from Japan exceeds ５０ percent of the cost of the product, Korea's added value will be less than ５０ percent.However, this is not a trade deficit, but a cost management issue.In the first place, products that cost more than ５０% of raw materials in the manufacturing industry it would hard to exist for lack of competitiveness.
Korea wants Japan to buy more products made from Japanese raw materials because of the trade deficit, but this is also meaningless.If Korea adds value to the cost of Japanese raw materials and Japan buys them, Japan will buy back the raw materials it sells, so there is no profit for Japan .This is not the cause of the trade deficit, but the competitiveness in the Japanese market.
Moon Jae In is a man who doesn't make no sense.
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What are your expectations for President Yun Seok-yue? Twisted National Assembly is a thorny road - Should Japan approve or wait and see? - South Korea's general election will be held in 2024.
Positive theory of Japan-Korea relations and wait-and-see theory
Remains twisted until 2024
Will true speech be freed under the new administration
Korean society will be denounced if it affirms Japanese rule
A country where there is no freedom of speech about history
Looking at Japanese public opinion regarding the prospects for Japan-Korea relations since the inauguration of the Yun Seok-Yeol administration, there are some positive views toward improving relations and a wait-and-see view seen mainly on the right. As always, the affirmative opinion has no concrete content, and since the other party is asking for an improvement in the relationship, things will probably get better. It's just a matter of trying to get along because we're neighboring countries.
The wait-and-see theory is based on the points of the Korean unified local elections in June and the national election in 2024, and that the Democratic Party (a pro-China, anti-Japanese party) holds the majority of the Korean National Assembly.Twisted stateTherefore, unless the ruling party wins the power of the people in the 2024 general election, no bill will be passed, so nothing can be done. Until then, Japan should do nothing and wait and see.
The least I can say is that I don't expect Japan-Korea relations to deteriorate any further during the next five years of the next administration. Personally, I think that if things don't get any worse, there's no need for them to get any better. In other words, there is a necessary distance between Japan and South Korea. This may be the best distance relationship.
In the long run, it would be most effective if the speech of pro-Japanese groups was liberated, rather than if the anti-Japanese movement subsided on the surface. In addition to those who prefer Japanese culture in South Korea, pro-Japanese speech is another form of speech that has been suppressed regarding the annexation of Japan and South Korea and Japan's support for South Korea after the war. Japan has no choice but to wait for South Korea to change, but there is no sign of that happening at all. The appearance of calm on the surface is only a temporary phenomenon. The root of Japan-Korea relations lies within South Korea, where freedom of speech is not recognized regarding the past history of Japan and South Korea. It is impossible to publicly state the fact that the Korean Peninsula modernized under Japanese rule.
Under Japanese rule, slaves, who accounted for half of the population, were liberated, the class system was abolished, a school education system was established, food self-sufficiency increased, starvation deaths decreased sharply, sanitary conditions improved, and cholera and typhoid fever were reduced. The number of deaths due to such things has decreased dramatically. These are facts that do not exist in Korea.
In South Korea's historical perspective, those who affirmed Japanese rule were expelled from academia in order to make the history of being enslaved and violated by Japan into a fact. He was also expelled from politics and government, and media outlets were also blocked. This is an unobjective view of history that only accepts one opinion, and is not academic in the first place. At the root of Japan-Korea relations is this unilaterally created view of history and the education of history based on that view. Unless this changes, we can see that even if the government continues to work together as it has done in the past, it will crumble like a sandcastle. This is exactly what history has proven.
In other words, improving Japan-Korea relations means that South Korea itself will gain academic and speech freedom, that scholars who support Japanese rule will return to academia, that they will return to politics, and that South Korea will become a democratic country where people can have free discussions. . Without this, anti-Japanese education will never disappear. This is an issue that requires the process of South Korea maturing as a democratic country, so it will take a very long time. Therefore, Japan should continue to keep its distance and not approach them easily.
If we look at the past, we are skeptical that politics will improve Japan-Korea relations. This problem is that academic and freedom of speech have not been secured in South Korea in the history of Japan and South Korea.
The police investigated the chairman of the Independence Society.Scholarships for descendants of those who contributed to the anti - Japanese movement, and embezzlement of them?
The Chosun Ilbo reported that Kim Won-woong, chairman of the Independence Committee of Korea, embezzled tens of millions of won from social cafes to provide scholarships to children of independence fighters, and asked the police to investigate.The Ministry of Veterans and Veterans Affairs said, "The Independence Society raised 61 million won by raising false orders or over-calculating costs."
Independence Society is an organization established by activists and descendants who participated in the anti-Japanese independence movement during the annexation of Korea and Japan.Japan's anniversary of the end of World War II is called Independence Day in Korea, where President Moon Jae In congratulated and the chairman of the Independence Society also greeted.Even if it is a greeting, it is a speech of resentment and hostility toward Japan.
The Independence Society is closely related to left-wing forces and has been at the center of the anti-Japanese movement under the Democratic Party.Yoon Mi-hyang, the predecessor of the Justice and Memory Alliance, was indicted on charges of embezzlement, and this time she was accused of embezzlement by the chairman of the Independence Society.In the first place, the Japanese Military Sexual Slavery problem is that Lee Yong-soo, the symbol of Japanese Military Sexual Slavery, was taken away by the Japanese army, and is said to be a swindler.Yoon Mi-hyang embezzled donations through Wednesday's rally using Lee Yong-soo as an advertising tower, and the Independence Society established a "meaningless system" to provide scholarships to descendants of independence fighters.
As you can see, the anti-Japanese movement is likely to be a fraudulent organization originally caused by lies and incitement.And the head of the fraudulent group is a group that embezzles the money.
It has become clear that the anti-Japanese movement is based on fraud.I'm paying attention to how far it will be revealed.
Yoon Seok - yeol's digital strategy in Korea.World - class? Does he know what 6G and AI mean? This is an excerpt from an article made by Yun Seok-Yeol of the opposition People's Power, who is running in the Korean presidential election. It seems that Japan is aiming to become a digital hegemony. And South Korea will lead the way in 6G...
Presidential candidate Yoon Seok-yeol announced on the 28th that Korea will become a digital economic hegemon by training ``1 million digital talents.'' Candidate Yoon pledged to create a flexible work environment that suits the characteristics of the IT industry, and raised the need for flexible work, saying, ``Is it possible to restrict people from working from home for more than eight hours?'' I emphasized it again.
Candidate Yoon's comments are expected to be controversial as the Labor Standards Act already restricts working hours to over eight hours. Candidate Yoon held a press conference in Yeouido, saying, ``In order to reduce the technological gap with developed countries, we will raise next-generation artificial intelligence technology to the highest level in the world.'' We will introduce solutions and build the best AI system."
It seems that within three years we will reduce the technological gap with developed countries and raise it to the highest level in the world. I don't understand the meaning at all.
Candidate Yoon's vision is for South Korea to build the world's fastest and most powerful digital platform, export it to countries around the world, and become a digital economic hegemon. Developing an artificial intelligence industry was mentioned as one of the six practical tasks for this purpose. In detail, he explained that the company will build the world's largest cloud computing infrastructure for AI that can be used jointly by universities, research institutes, and companies. For the development of the software industry, he promised, ``The digital platform government will welcome the government, introduce public software innovation products for great national service, and help the growth of capable software companies.''
Candidate Yoon pledged to build a digital infrastructure that would upgrade the national 5G network and lead the world standard for 6G, and also offered a pledge to revitalize the ``My Data'' industry, which would allow citizens to receive custom benefits. He also pledged to support the semiconductor and mobility industries and build a cyber safety net. This means building a unified cyber response system for an integrated response during a cyber crisis, and building an integrated cyber response system that utilizes artificial intelligence.
I thought what the ruling party candidates were saying was a big deal, but the opposition candidates are also making a big deal about it in other areas. Is it enough to just win the Korean presidential election?
minimum wage In Korea, the minimum wage has increased by 35% in four years...
Apartment prices in Seoul have risen 93 percent over the past four years...
If the minimum wage is 8,720 won, is it 6,459 won four years ago?The increase in the minimum wage increases the number of self-employed businesses closing.Decrease in employment...
Usually, Increasing jobs come first.Wouldn't the minimum wage go up for companies to secure employment if the effective recruitment ratio goes up?I can't believe going to raise the minimum wage first.You're a fool.
Japan's minimum wage varies from prefecture to prefecture.Of course, if the minimum wage is raised, the government will carefully observe the price index and economic conditions of each region.It is unthinkable to raise the price by 35 percent across the board.
Korea Real Estate Bubble This is the KOSPI chart.Why does it go up when investment from Japan has decreased by 50% and investment from the United States and the EU has decreased?You'd better imagine who's buying stocks.One is Chinese money. This is exactly what the current administration wants.Another is stock investment, which is secured by soaring real estate prices.Another is private investment by ordinary people who cannot buy real estate, even if they borrow money from rising stocks.In other words, it is a bubble.The IMF warned that Korea's household debt is above the danger level.Judging that this is a temporary phenomenon, it is better to stop borrowing money and investing in real estate and stocks to increase assets.
