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Asia

Displaying all content tagged with the region Asia.
1986 Posts located

The COVID-19 pandemic has been the most significant economic disruption to the international economy since the Great Depression. The IMF estimates that the global economy contracted by 3.5 percent last…

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Region: Asia

July 30, 2021

Today’s global economy is highly interconnected and interdependent. Supply chains across the world are finely tuned to deliver parts just when they are needed, so that companies and industries do…

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Region: Asia

July 30, 2021

Japan led, and was transformed, by the global supply chain revolution. Facing growing protectionism in industrialized markets and reeling from sharp yen appreciation in the aftermath of the 1985 Plaza…

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Region: Asia

July 30, 2021

The U.S.-China trade war and the pandemic have had a profound impact on cross-border supply chains. In the past few years of U.S.-China tensions, China has been accused of engaging…

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Region: Asia

North Korea is putting on a tough face as the world confronts the COVID-19 pandemic. Authorities in Pyongyang continue to reassure the rest of the world that nothing is wrong…

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Region: Asia

Looking back on the Korean War, one might assume that the outbreak of a violent conflict that killed millions of people would preclude the possibility of a peaceful resolution of…

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Region: Asia

July 10, 2020

It would not be an exaggeration to claim that the Korean War shaped world history. There had been bloodshed elsewhere that bookmarked the start of the bitter conflict between the…

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Region: Asia

The international force that answered the United Nation’s call to defend the Republic of Korea between 1950 and 1953 did more than engage in combat with North Korean and Chinese…

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Region: Asia

June 26, 2020

What Happened Following a highly publicized bribery conviction, Samsung Electronics Vice Chairman Lee Jae-yong was released from prison on parole. This ruling follows the acquittal of two executives at SK Chemical and Aekyung Industrial Co despite the sale of harmful products. In addition to these companies playing an essential role in maintaining a trade surplus, many average Koreans are…

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Region: Asia

August 18, 2021

What Happened Late last month, the two Koreas restored communications lines 13 months after Pyongyang cut off all communication lines to Seoul. North Korean leader Kim Jong-un’s sister Kim Yo-Jong warned that conducting an annual summertime U.S.-ROK joint military exercise would hamper efforts to rebuild trust between the two Koreas. Despite the warning, South Korea decided to continue the military exercise…

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Region: Asia

August 17, 2021

With the help of social media and internationally popular Korean shows, global interest in Korean skincare and makeup products (collectively referred to as K-beauty) has increased exponentially in the past decade. Today, K-beauty products are readily available to American customers at chain stores like CVS and Sephora. This market transition was not coincidental: it was strongly supported…

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Region: Asia

August 5, 2021

On July 27, the Korea Central News Agency (KCNA) announced that “the top leaders of the north and the south agreed to make a big stride in recovering the mutual trust and promoting reconciliation by restoring the cutoff inter-Korean communication liaison lines through the recent several exchanges of personal letters.”  The hotline was restored at…

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Region: Asia

August 4, 2021