UPDATE 1 (2012-6-18): According to Yonhap: South Korean firms and China’s Jilin Province agreed to engage in joint venture projects worth 3.9 trillion won (US$3.4 billion), a local business organization said Monday. Under the memorandum of understanding reached in Seoul, 48 South Korean companies and 48 Chinese regional government agencies and businesses will form partnerships … Continue reading PRC approves international cooperative demonstration zone in Jilin