Asia

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…

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…

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…

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…

    In the mid-1990s, North Korea experienced a famine that by some estimates wiped out 10 percent of the population. Though many at the time thought the regime would…

      Over the last decade, China has become an increasingly important country for South Korea has it has emerged as Seoul’s largest trading partner and a leading player…

    On April 8, North Korea withdrew all of its workers from the Kaesong Industrial Complex, temporarily placing on hold the last form of cooperation between North and South…

South Korea’s nuclear energy industry has for decades been facilitated through close cooperation with counterparts in the United States under what is known as a “123 Agreement”.  Today South Korea’s…

By Gwanghyun Pyun Recently, the number of claw machines around downtown Seoul have greatly increased, especially in busy nightlife areas such as Sinchon, Hongdae and Gangnam. Unlike in the past when claw machines were scattered around the city’s sidewalks, the machines have become so popular that there are now shops that exclusively run claw machines…

Kyle Ferrier As the Choi Soon-sil scandal has unfolded over the past several months the Korean public’s dissatisfaction with major Korean conglomerates known as chaebols has become second only to Park Geun-hye herself. Allegations of Park leveraging her political position to exchange favors with chaebols, particularly Samsung, are at the core of the public backlash.…

By Jenna Gibson “Thank you, @Samsung! We would love to have you!” Donald Trump wrote on his personal Twitter account, linking to a story about a possible plan for the tech company to build a factory for home appliances in the United States. The article called the announcement by Samsung “A win-win,” saying that “Companies…

By Jaeho Jeon Most Koreans are interested in two things now. Whether the people involved in the ‘Choi Soon-sil scandal,’ including President Park Geun-hye, Choi Soon-sil, and Lee Jae-yong, vice chairman of Samsung Electronics, will be punished and who will be the next president of South Korea. The Constitutional Court is scheduled to make a…