10 Issues to Watch for on the Korean Peninsula in 2024
South Korea’s rapprochement with Japan and North Korea’s embrace of Russia significantly shaped events on the Korean Peninsula in 2023. Both promise to have a…
South Korea’s rapprochement with Japan and North Korea’s embrace of Russia significantly shaped events on the Korean Peninsula in 2023. Both promise to have a…
For a twenty-year period, China had been the top export destination for Korean goods. Not so in December 2023.
Recent development highlights the impact of a combination of external factors on a trade-dependent economy like South Korea.
Seoul confronts the emergence of a new, far riskier nuclear order, while doubts about the credibility of U.S. extended deterrence remain.
China’s forced repatriation of North Koreans who fled their country is a violation of international human rights law.
The number of North Korean refugees reaching South Korea has increased; at the same time, China is forcibly returning many to North Korea.
Analysts note that a spillover effect in the event of a crisis is limited. So far, the effects of the Evergrande crisis on Korea remain mostly psychological and would be contained to fluctuations in confidence on the KOSPI index.
Recent remarks by China’s ambassador and Seoul’s have prompted strong and diverse reactions from media, politicians, and the Sinosphere.
South Korea looks to balance it with China and the United States while advancing its interests with both states.
Korea’s new economic outlook is a slight downward revision from the OECD’s November 2022 outlook in the context of global economic growth.