Once a wealthy and powerful country, South Korea is playing an important role on the world stage thanks to the development of advantageous industries such as semiconductors, shipbuilding, and nuclear power plants. However, with the outbreak of the Sino-US technology war, South Korea** ordered a ban on the export of semiconductor products and technologies to China, resulting in a huge blow to the Korean semiconductor industry. At the same time, the rapid localization of Chinese technology has further exacerbated the plight of South Korea's semiconductors. Not only that, South Korea's shipbuilding industry has also suffered a huge setback, with a **39% order volume, while China has received a large number of new ship orders one after another.
South Korea's semiconductor industry is an important pillar of its economy. However, under the leadership of Yoon Suk-yeol**, South Korea chose to decouple from China, which did not hurt China much, but brought huge losses to South Korea itself. According to the latest statistics, in the first half of 2023, South Korea's semiconductor exports exceeded 425%, Samsung's $40 billion worth of chips is piling up. This change in competition between China and South Korea profoundly reflects the actual situation of China and South Korea's technological catch-up.
At the glory days of Korean shipbuilding, four out of every 1,000 Koreans were engaged in shipbuilding. It took them only ten years to surpass the shipbuilding powers of Europe and the United States, and they have made great achievements in development. However, although China has surpassed South Korea's shipbuilding orders since 2021, South Korea** still believes that China's technology is three years behind. However, in less than three years, China's high-end ship technology has developed rapidly. In 2017, China launched a domestic aircraft carrier"Shandong ship"In 2023, China will deliver its first domestically produced large cruise ship"Ida Mordu"。In addition, Chinese scientists have also conquered the world's leading special steel, Yinwa steel, which has caused LNG** to plummet by more than 10 million US dollars, making it fall to the price of cabbage.
In the international political arena, there are different factions in various countries. South Korea's Yoon Suk-yeol is classified as an abstractionist. Over the past three decades, South Korea's exports to China have increased by 1642 times, China's huge consumer market provides huge opportunities for South Korea's development. However, the ideology of Yoon's team overshadowed economic interests, forcing China to seek high-end technology, causing South Korea to miss the opportunity for economic prosperity and become a fish that has been slipped through the net by economic development.
South Korea used to be a dynamic and innovative country, and has achieved a good position on the international stage with the development of advantageous industries such as semiconductors and shipbuilding. However, due to the impact of the Sino-US technology war and Yoon Suk-yeol**'s blind decision-making, South Korea has suffered a lot. Semiconductors and shipbuilding, two important pillar industries, are facing China's rapid technological catch-up, while South Korea's own decision-making has also exacerbated its economic difficulties. In this competition, China has demonstrated its strong technological strength and continuously promoted the development of navigation technology. The contrast between South Korea and China provides us with profound enlightenment, economic development requires not only vision and innovation, but also cooperation and openness. Only by constantly learning and Xi and making progress can we maintain our advantages and win the future.