The Koreans' Big Entry Into Business by Robert Reinhold.
New York Times. New York, NY: Sep24,1989. Pg E4.

The Asian American Business in Flushing
The Korean population in Flushing has increased significantly, and along with that their dominance in businesses in Flushing has also increased. According to the article in New York Times, the Korean population in the United States has grown to about 750,000 from 70,000 in the 1970 census.
While many Koreans Immigrants speak little English, they are very ambitious and want to stat their own business. There are all kinds of businesses run by Koreans in Flushing. Some of the examples of their businesses are restaurants, construction businesses, beauty parlors, clothing stores, general merchandise boutiques, furniture stores, and even a mall that has very expensive stores. There are also Korean banks in Flushing. When the Koreans cannot get a loan s from their bank loan officer, they approach 'kye", a private banking club, where they can borrow 20,000 to 30,000 dollars without any application,. Besides getting loans from private sources, the cohesion in their culture, helps then to borrow money from family and relatives. They pool the money together and start small businesses, holding on to their traditional ways has both helped the Koreans to establish themselves in Flushing, but at the same it has also showed their assimilation into American society. However, the younger generation tends to be more Americanized and assimilated.