10 Issues to Watch for on the Korean Peninsula in 2018
As we look ahead to what might occur in 2018 we should also consider how key events from 2017 will continue to shape the year ahead.
As we look ahead to what might occur in 2018 we should also consider how key events from 2017 will continue to shape the year ahead.
In 2017, attention turned to the Korean Peninsula as South Korea removed Park Geun-hye from office and North Korea advanced its weapons programs.
The continuing stability of the North Korean won against the U.S. dollar in informal trading markets speaks to the success in handling overall inflation
Today U.S. President Donald Trump made an important step forward in dealing with North Korea by re-listing them as a of State Sponsor of Terrorism.
China failed to realize that the dispute over THAAD wasn’t about bilateral relations with China, but the need to defend against North Korea.
China’s trade with North Korea fell sharply from relatively high August levels and continues an erratic if clear decline since tighter UN sanctions.
Headlines proclaimed the end of the dispute over THAAD, which China insists will harm their national security. However, these celebrations may be premature.
The 2018 Winter Olympics in Pyeongchang could provide an avenue for China to signal a softening of its position on sanctions over THAAD.
By accepting tough rules on textiles, joint ventures, and overseas employment, new UN sanctions on North Korea are aimed squarely at the general economy.
The easy temptation in the aftermath of the latest UN sanctions would be to simply view the most recent test as North Korea expressing its displeasure at additional economic pressure.