Chinese Tourists to South Korea Drop 40 Percent in March Amid THAAD Row
It’s official – new numbers from March confirm that China’s THAAD retaliation has significantly cut into South Korea’s tourism industry.
Hallyu Immersion: Learning Korean through Pop Culture
Hallyu fans who have always wanted to be able to understand their favorite stars when they speak in Korean now have a new tool – Viki’s Learn Mode.
What Korea Should Learn from Treasury and Trump in the Last Week
Attempting to contest rumors in Seoul that the U.S. would name Korea and/or China a currency manipulator for political reasons, last month I argued against both the possibility of such a decision and the scope of its financial impact. Thankfully, my points on the latter were not necessary.
Why North Korea-China Trade Increased in the 1st Quarter Despite Sanctions
Full first quarter data on trade between North Korea and China is not yet available, but data released by China’s General Administration of Customs raises interesting questions in regards to ongoing trade between China and North Korea.
Turning Out the Lights?: The Impact of THAAD on Hallyu Exports to China
Ever since the decision last summer to install THAAD on the Korean peninsula, China has strongly opposed the system. But instead of keeping the dispute in the political sphere, China has started to show its ire by imposing sanctions on Korean pop culture (Hallyu) content.
Improvements to the U.S.-Korea Trade Balance
Recent statistics released by the Foreign Trade Division of the U.S. Census Bureau show an improvement in the trade balance with South Korea in favor of the United States.
China’s Narrow-minded Retaliation Over THAAD
Since South Korea announced the deployment of THAAD, China has been harassing South Korea through various channels.
Will Korea Ever Be Part of an Asian Union?
The EU recently celebrated its 60th anniversary. Will Korea ever be part of an Asian Union?
Not Worth a Dime? Korea Should Stop Producing 10 Won Coins
Late last year, the Bank of Korea (BoK), South Korea’s central bank, announced its plans for a “Cashless Society,” which first and foremost means getting rid of coins by 2020. But while the BoK has reduced its annual expenditure on coin production by 200 million won from 2015 to 2016, it could do more.
The Federal Reserve Challenge for Korea
Higher interest rates will dampen the effectiveness of his promised stimulus package and, vis-à-vis a stronger dollar, make U.S. exports more expensive. While the latter will further complicate Korea’s relationship with Trump over the bilateral balance of trade, the biggest challenge to Korea stemming from the Fed rate rises will hit closer to home.