Opening moves

Article Abstract:

The initial step towards the normalization of relations between China and South Korea began with the negotiations that followed the hijacking of a Chinese airliner to Seoul in 1983. After this, a series of meetings took place between Chinese and South Korean officials. Sports also served as a venue for further understanding with the particiaption of China in the 1988 Seoul Olympics. Trade between the two countries also increased. China consulted close ally North Korea on the negotiations while the South Korean government was criticized by Taiwan for keeping the planned normalization a secret.

South Korea, Chinese foreign relations, South Korean foreign relations, Korea, South

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Too close for comfort

Article Abstract:

Confusion still surrounds the early Aug 1995 launch of a Chinese missile that came near to destroying a US natural-gas drilling platform south of Hainan, China. Though China remains quiet and the platform operator, Atlantic Richfield Oil, or Arco, says the missile was nowhere nearby, technicians on the platform clearly saw what experts say was probably a Silkworm or Exocet missile. Authorities seem divided on whether China normally announces such tests beforehand, but the incident is unsettling to others in the South China Sea and may have been a warning to Vietnam.

Crimes against, Political aspects, Military policy, Atlantic Richfield Co., ARC, Naval maneuvers

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Dream on: North Korea hopes in vain for foreign capital

Article Abstract:

North Korea businessmen are trying to lure foreign investors to the country's cheap labor market, but they have not found many willing to take the risks. The problems include lack of a solid legal safety net, lack of treaties protecting foreign investment, and weak infrastructure. North Korea also suffers from longstanding hostilities with South Korea, and the country's leadership under Kim Jong II is unsettled.

Foreign investments, North Korea, Foreign business enterprises

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