Since the early 1980s, Dalian has been a major recipient of Japanese and Korean foreign investment.

The new ties offer even greater potential, particularly in the Chinese coastal province of Shandong where South Korean investment has already developed.

Its aim was to encourage Korean investment in Fiji, and trade between the two countries.

The news also helped strengthen most other financial markets on optimism that South Korean investments need not be written off.

Not surprisingly, manufacturing accounted for 91 percent of Korean investment in China last year.

In 2007 South Korean investments in Davao were reported to be expanding.

Much of the Korean investment and trade is directed toward Shandong.

South Korean investment has been a large contributor to the neighborhood economy since the 1960s.

Moscow and Beijing both want South Korean investment.

We should remember the significant Korean investment in the car sector in Europe.