Abstract

Korea is a country that once full of doubts. As time goes by, every sector from Korea are turns out to be huge achievements of the Korean people. Korean pop culture for instance, becomes a crucial driver for Korean economy. Not only Korean pop culture, recently property investor from Korea also becomes a big player in the US, and moreover in the global stage. New study also tells that Korea as global property industry player could exceed China as China’s economy slowing down. Therefore, question how can South Korea's property industry sectors thrive overseas, such as in the U.S.? Arises. This paper would explain the factors behind South Korean property industry performance in US, including push and pull factors through a scope of global capital movement paradigm. Meaningful government supports, big possibilities, and a good investment climate for South Korean property industry plus the right global demands could be some factors behind the rising of South Korean property industry, especially in the US.
 
 Keyword(s): Korea, Property, Industry, Push and Pull Factors, Global Capital Movement

Highlights

  • The rise of China’s shifting from a developing country to new emerging superpower country has always been an interesting subject to study

  • Djibouti's location which is close to conflicting areas such as Somalia, Nigeria, Yemen, Libya, Iraq, South Sudan and others where there are Chinese interests in the region can make it easier for China to enhance its PLA Navy’s ability to secure China’s energy route and maritime interest in the Indian Ocean especially around the Middle East and Africa (Melvin and Neil, 2019)

  • As a result of win-win maritime cooperation for both countries, while Pakistan provide a strategic location for China to secure its energy and maritime routes as well as China’s eye to observe India naval activities in the Indian Ocean, China gives major naval supplies and help Pakistan to develop its naval force (Collin and Koh, 2016)

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Summary

JAPS Jurnal Asia Pacific Studies

THE IMPLEMENTATION OF PEOPLE'S REPUBLIC OF CHINA'S MARITIME SECURITY STRATEGY TO PROTECT ITS ENERGY

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