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Several years ago, one economist used the expression “Nut Cracker” to express the business situation of Korea.|
> PERFECT
Or some people described it as a sandwich.
> VERY GOOD
Anyway, those expressions mean the difficult business situation of Korea between China and Japan.
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Furthermore, we still have not set any clear solution to overcome it.
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China is a surely rapidly developing country.
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Also, all of their sizes, especially for quantitative things like population, investment, infra structures, money, etc are unequaled.
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These have been achieving the rapid development of China.
> or........... These have been the important factors in achieving the rapid development of China.
Meanwhile, Japan is a traditional rival of Korea though they had been weaker.
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A lot of intermediary products are far superior to Korean one.
> A lot of their intermediary products are still far superior than the Korean counterparts.
They still have countless hidden champion companies.
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We should make a breakthrough.
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