China Cuts Off Imports of North Korean Coal: Economic Impacts Depend on Pyongyang’s Reaction
Beijing’s Commerce Ministry surprised everyone on Friday, announcing a halt to imports of any coal from North Korea in 2017.
Five Questions for the Future of Samsung
With the arrest of Lee Jae-yong on charges of bribery, embezzlement, perjury, and the illegal transfer of funds abroad, Samsung faces a period of uncertainty at a critical time for South Korea’s leading chaebol.
Pokémon Go and the Potential of Augmented Reality Games In South Korea
While Niantic Labs launched Pokémon Go in many countries in North America and Europe, it did not fully launch in South Korea until January 23, 2017, despite the popularity of gaming there.
Grasping for Entertainment: The Rise of Claw Machines in South Korea
Recently, the number of claw machines around downtown Seoul have greatly increased, especially in busy nightlife areas such as Sinchon, Hongdae and Gangnam.
What Does New Trade Data Portend for U.S.-Korea Trade Relations?
While the overall U.S. trade deficit in merchandise goods with the world increased by $1.9 billion or 0.4 percent, the bilateral trade deficit between the U.S. and South Korea declined by $647 million or 2.3 percent.
Is Korea Ready to Move Past its Love-Hate Relationship with Chaebols?
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.
President Trump Praises Samsung for Plan to Manufacture in the U.S.
“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 Next President of South Korea and Chaebol Reform
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.
What to Do About North Korea Exceeding the UN Sanctions Cap on Coal Exports
With China having substantially surpassed the caps set for imports of coal from North Korea, how should the United States and the United Nations respond?
Chinese Coal Imports from North Korea Surge in December, Despite Hard Sanctions
Chinese Customs reported yesterday that imports of North Korean anthracite surged in December, despite late November UN Security Council sanctions that are supposed to sharply limit North Korea’s coal exports, its biggest foreign exchange earner.