In The News

Michael Herh September 21, 2017
More than 25 percent of South Korea’s exports went to China as the world’s second largest market in 2013. “However, when the THAAD Incident broke out, excessive dependence on China boomeranged against South Korean companies,” writes Michael Herh for BusinessKorea. China found South Korean products less desirable; for example, Hyundai Motor sales plummeted by 50 percent, and South Korea – despite...
Hiroyuki Akita and Tetsushi Takahashi September 15, 2017
North Korea, by threatening to “sink Japan” and firing a seventh ballistic missile over Japanese air space, is challenges the entire world community. The Chinese public grumbles after a hydrogen bomb test caused an earthquake and leaders responded with internet censorship. As North Korea’s lead benefactor, China wants to avoid a missile launched its way. The region, now realizing that China has...
Kim Oi-hyun September 13, 2017
The United States views China’s support for North Korea as key to ending the rogue nation’s nuclear-weapons program. After the North Korea conducted its sixth nuclear test, the UN Security Council unanimously approved new sanctions. China accounts for the bulk of trade with North Korea. The sanctions boost enforcement and toughen restrictions on North Korea's oil imports, textile exports,...
Dany Bahar September 6, 2017
In the aftermath of Brexit and Donald J. Trump’s presidential ascension, a world that embraced globalization and free trade is turning its back on economic and political principles established after the Second World War. Dany Bahar, writing for the Cairo Review of Global Affairs, prefaces his advocacy for more global trade by arguing that protectionism – a policy championed by Trump to revive the...
Choi He-suk September 6, 2017
Nuclear-armed North Korea poses a grave threat to South Korea. North Korea seeks to reunite with South Korea with the Kim regime in charge. South Korea, the world's 11th largest economy, thrives while North Korea does not rank among the world's top hundred economies. China and Russia help supply North Korea, and security analysts suggest that the two countries are key to restraining...
Jesse Johnson and Reiji Yoshida August 30, 2017
With no warning, North Korea fired a ballistic missile over northern Japan into the Pacific Ocean. In the past, North Korea claimed such rockets were associated with satellites. “The Japanese government said the missile flew over southern Hokkaido for two minutes, later breaking into three segments before plunging into the Pacific Ocean about 1,180 km east of Cape Erimo,” report Jesse Johnson and...
Sarah Zheng August 28, 2017
India and China agreed to disengaging troops in the Doklam area of Bhutan after a two-month standoff. The announcement came just before the BRICS summit, starting September 3, for representatives of China and India as well as Brazil, Russia and South Africa. BRICS could be the ideal setting to develop an ongoing process for handling such disputes, suggest economists and researchers interviewed by...

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