Tag: Economy
China steps up efforts to boost private economy
China has taken a bunch of measures to support the development of the private economy, which is a sector of great concern to the society, a spokesperson with the annual […]
China’s aging population a new gold mine for economy
As a manager of the Shaanxi China Travel Service Company, based in Xi’an, Northwest China’s Shaanxi Province, Zhou Jincan has been busy accepting customers after the Spring Festival, as a […]
China narrows trade surplus in 2018
China’s exports rose 7.1 percent year on year in 2018, while imports grew 12.9 percent, resulting in a substantially narrowed trade surplus, according to a statistical communique issued by the […]
Moody’s revises down 2019, 2020 economic growth outlooks for S. Korea
Global credit rating setter Moody’s Investors Service revised down its outlook for South Korea’s economic growth for 2019 and 2020, its latest report showed Monday. “We forecast real GDP growth […]
North Korea can learn economy from Hanoi
Vietnam’s capital of Hanoi can present a potential economic model for North Korea as it seeks to abandon its nuclear program in favor of economic development. Vietnam has been selected […]
South Korea: Shareholder activism unnerves chaebol
KCGI seeks to force Cho out of Hanjin management Shareholder activism has emerged as the centerpiece of the nation’s capital market. A growing number of shareholders at large Korean companies or […]
China’s Political Economy Under the Microscope
The “red swan” that gives this book its title refers to China’s Communist Party-state policy-making process, and is a play on the “black swan” of the induction fallacy, popularized […]
Uzbek President Mirziyoyev: When a person changes, society changes
“We all know that reform means renovation, change. In order for the reforms to succeed, first of all, our leaders and people need to change. When a person changes, […]
Talking at the Top: Past, Present and Future Summit Diplomacy in Asia
As the metaphor suggests, summitry sits at the pinnacle of international politics; indeed, the term was first introduced by none other than Winston Churchill.1Defined most broadly as face-to-face meetings of […]
South Korea: minimum wage stirs up controversy again
The government’s ordinance to revise the calculation method for the minimum wage is stirring up controversy and fueling conflict between businesses and workers. They have been locking horns over a […]