Economics

This article was published on The Korea Times on August 16, 2023. For much of the past year there has been a focus on how the CHIPS and Science Act…

This article was published in The Korea Times on June 14, 2023. The decision by the Cyberspace Administration of China to ban Micron Technology’s semiconductors in Chinese infrastructure has put…

Last week’s initial US presidential debate saw both candidates field questions ranging across inflation, unemployment, and the national debt. Whether it was Biden’s highlighting his CHIPS Act successes, or Trump’s pronouncements on the US trade deficit with China, the topics set the scene for a national election in which voters will weigh drastically different visions…

The world is turning its attention to China’s economy and Korea is taking note. The South Korean Ministry of Finance put together an all-government task force to respond to the potential negative effects of the downfall of China’s largest property developer, Evergrande, which recently cancelled the restructuring of more than $19 billion of debt affecting…

On July 4, the foreign ministers of South Korea and Mexico agreed to expand economic cooperation. Building on the resumption of free trade agreement negotiations earlier this year, the two nations emphasized economic security and supply chains as areas for increased collaboration. In addition to directly responding to global concerns over the COVID-19 pandemic’s ongoing…

*Since the below article was published, KakaoTalk decided to drop its challenge against Google's control over in-app payments. However, Korea's revised Telecommunications Business Act still sets the stage for future challenges with global ramifications. Google suspended software updates for KakaoTalk, South Korea’s most popular mobile messaging app, after the latter refused the U.S. tech giant’s demand…