By Hwan Kang “Hallyu (한류)” or The Korean Wave, found success in foreign markets, especially in the Asian region, because of its unique Korean characteristics. Viewers in China, Vietnam or Malaysia recognized and identified with some of the storylines that played out in Korean TV shows, and fell for k-pop heartthrobs. But while Hallyu may…
October 24, 2017
By William Brown ICBMs are not the only things soaring in North Korean skies. Comprehensive second quarter data released by China Customs last week shows a huge jump in North Korea’s trade deficit with China—sharply falling North Korean exports and flat imports, a double bad combination. And, potentially troubling to the Kim regime, the composition…
August 1, 2017
By Troy Stangarone It took all of five days after the election of Moon Jae-in as South Korea’s president for North Korea to test a ballistic missile. The test, perhaps intended to gain maximum effect by simultaneously sending a signal to China, took place only hours before Xi Jinping was set to give a major…
June 6, 2017
By Kristen Lee During the 1960’s under President Park Chung-hee’s economic stewardship, the founders of today’s chaebol facilitated South Korea’s recovery after the war. These huge family-led business conglomerates became the foundation of the Korean economy and an integral part of Korea’s export-oriented growth. This rapid economic development, known as the “Miracle on the Han…