A favored destination for S. Korean investors
By Xue Xiaoying | China Daily | Updated: 2008-04-16 07:30
Kim Jong Ho, president of South Korea's Ka Ju Jewellery Mfy Ltd, did not expect the company's investment in Qingdao to be such a big success.
It has taken only four years for the firm to be able to export its top-grade jewelry to over 10 countries and regions, including the United States and the Middle East, with annual export volume reaching $9 million.
"We are not just an exception among the 100,000 Koreans who currently live in Qingdao," Kim said.
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