The Fight for Korea’s New Smart City

The video discusses a project initiated by the Korean government to build an international city. Despite its success, issues arose with POSCO overcharging and seizing shares, leading to legal battles involving the Trump administration. The project, a significant US-Korea joint venture, faces challenges but aims for resolution. The video also explores investment prospects and partnerships, highlighting the political context and legal grounds for ongoing disputes.

What was the main goal of the international city project initiated by the DJ Kim administration?

• To establish a cultural center

• To develop a new financial district

• To build a new airport

• To create a city similar to Singapore

What issue did the project face with the construction partner POSCO?

• Delayed construction

• Overcharging by hundreds of millions

• Poor quality materials

• Lack of skilled labor

Which administration was made aware of the issues with POSCO?

• Biden administration

• Trump administration

• Bush administration

• Obama administration

What is the speaker's main concern regarding the project's benefits?

• Ensuring the Korean people receive their fair share

• Maximizing profits for investors

• Expanding the project internationally

• Reducing construction costs

Who was one of the American partners involved in the project?

• Tiger Woods

• Phil Mickelson

• Jack Nicklaus

• Arnold Palmer

What event was hosted at the golf course built by Jack Nicklaus?

• The Open Championship

• The Presidents Cup

• The Ryder Cup

• The Masters

What is the speaker's hope regarding the Moon Jae-in administration?

• To ignore the legal issues

• To focus on other projects

• To be open to resolving the issues

• To support POSCO