April 26, 2024
Automobiles
Kumho Asiana chief reelected head of Korea-China group
[THE INVESTOR] Park Sam-koo, chairman of major South Korean conglomerate Kumho Asiana Group, has been reelected the head of a friendship association between South Korea and China, the Kumho Asiana Group said on March 10.
It will be Park’s third term to lead the Korea-China Friendship Association, the company said in a press release.
“I thank all of you for entrusting me once again, with this group celebrating the 25th anniversary of the establishment of Korea-China diplomatic relations this year,” said Park in his acceptance speech.
Park’s reelection as chief of the friendship society comes amid ever worsening relations between the two countries. Seoul-Beijing ties are at what many believe to be their lowest ebb amid China’s increasingly intensifying economic retaliation against South Korea for the latter’s planned deployment of the Terminal High Altitude Area Defense.
(theinvestor@heraldcorp.com)
It will be Park’s third term to lead the Korea-China Friendship Association, the company said in a press release.
“I thank all of you for entrusting me once again, with this group celebrating the 25th anniversary of the establishment of Korea-China diplomatic relations this year,” said Park in his acceptance speech.
Park’s reelection as chief of the friendship society comes amid ever worsening relations between the two countries. Seoul-Beijing ties are at what many believe to be their lowest ebb amid China’s increasingly intensifying economic retaliation against South Korea for the latter’s planned deployment of the Terminal High Altitude Area Defense.
(theinvestor@heraldcorp.com)
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