B. J. Lee

Sun and Seafood on Korea's Jeju Island

Jeju, South Korea's southern-most island, has long been a favorite winter destination for Asian tourists seeking warm weather and beautiful beaches. It is also renowned for delicious—and relatively cheap—seafood; Japanese tourists often fly to the island to enjoy sashimi at a fraction of the price they'd pay back home.

English Orated Here

Asia has long yearned to create its own Ivy League for the great mass of students who can't afford to make it to Harvard. Now it has found a shortcut. Two years ago Yonsei, South Korea's oldest and most prestigious private university, set up the Underwood International College (UIC), which offers a four-year program of all-English-language classes to compete with the best institutions in America and Europe.

Running Out of Time

When South Korea reopened its lucrative beef market to the United States in late October, ending a nearly three-year ban stemming from the outbreak of mad-cow disease, American beef exporters were upbeat.

South Korea: A Buyout Backlash

Intensely nationalistic South Korea has long been ambivalent about foreign investment. In the late 1990s, the country was forced to open its doors to private-equity funds and other international investors because, in the wake of the 1997-98 crash, the government badly needed help bailing out failing companies.

Business: Korea Goes Bust

Cho Gyung Hee says she sold her soul for a toothbrush. One summer day in 2000 the 30-year-old mother of two sons was accosted on a Seoul street by recruiters who offered her a free electric toothbrush if she would sign up for a credit card.

Korea's 'Generation 386'

It may seem like just an election. But for Kim Ki Shik, it is a crusade. On behalf of some 400 civic, environmental and feminist groups, Kim and fellow activists have drawn up a blacklist of 86 candidates they claim shouldn't be elected in this week's parliamentary balloting because of corruption, incompetence or past connections to dictatorship.

The Cold Warrior

Chae Myung Shin was South Korea's top general in Vietnam from 1965 to 1969. Now retired, he spoke with NEWSWEEK's George Wehrfritz and B. J. Lee in his Seoul home.