国际政治经济学-S-·-Koreas-Kimchi-Crisis-in-2010.pptxVIP

S · Koreas Kimchi Crisis in 2010 The influence and enlightenment of cabbage market in both China and South KoreaGroup Member 吴智怡 纪思明 蔡婉秋 陈圣洁 徐倩CONTENTThe Introduction And Reasons The Influences of Cabbage Crisis on South KoreaThe Influences of Cabbage Crisis to ChinaSolutionsEnlightenments The Introduction And ReasonsBy 吴智怡In the Oct of 2010, South KoreaThe succession under way in North KoreaG20 Summit in NovemberINTRODUCTION The price was soaring! It is hard to exaggerate the importance to Korean life of kimchi, which is usually made of fermented cabbage. Its presence at every meal, as well as its health benefits, give it an almost religious status. It is a national symbol, and the one food item that a majority of Koreans “cannot live without.”In a country where 2 million tons of cabbage is consumed each year, the price hike had disrupted the nations eating habits. = 10 thousand won/55 yuan3000 won = 16.5 yuan4900 won = 26.95 yuanOne resident of S. Korea said Last year, one cabbage cost only 3,000 won. Even during the mid-autumn festival, the prices rose to just 4,900 won. It was much bigger, too.ReasonsBad WeatherHeavy RainsThe harvest season of cabbageHowever Abnormal Typhoons250000 tons40%150000 tonsWith prices soaring, hoarding may also be responsible. speculatorThe price of cabbage Lack of resourcePeople tended to hoard intensifyThe third reason is about inflation. Compared with the year of 2009, inflation jumped from 2.7% to 3.4% between August and September in 2010, pushed up by cabbage’s new status as the Ferrari of vegetables. Annual cabbage-price inflation was 400% in Seoul at that time.the Influences of Cabbage Crisis on South Koreaby纪思明1.Cabbage Industry Price fluctuation of Napa Cabbage in 2010In September, the Napa cabbage price rose sharply, because of the traditional custom(people in South Korea gathering to make Kimchi in fall) ,. According to the NPR, price for heads of Napa cabbage have soared from the typical ? 3000 (￥ 16.8) per head to ? 1