Korean firms to spend ?75bn for Chinese society
Seoul - Yonhap
South Korean companies operating in China will spend 75 billion won (US$65 million) on the improvement of the Chinese social welfare services this year, a local lobby group said Friday. "A total of 23 companies, including Samsung, E-Land, Hyundai Motor, LG Electronics and SK, will provide a combined 43.27 million yuan (75 billion won) to fellowship programs, charities and the community development project of China this year," Chang Won-kie, the chairman of the Korea Chamber of Commerce in China, was quoted as saying by the Korea Chamber of Commerce Industry (KCCI).
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