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Stable recovery forecast for Korea in 2022

Asia’s fourth-largest economy is expected to expand by an average 3 percent next year.

Much of Asia has yet to see surges in infections similar to other parts of the world, but experts are warning the region likely won’t be spared.

Asked whether the economy will improve next year, respondents said they expect the economy to get worse in all sectors.

For all its expansion, the future for cryptocurrencies is still unclear, essentially because it is not real money and lacks a proven track record.

The current liquidity crunch is the result of excessive lending, coupled with the government failure to spend its budgetary resources.

The CPTPP, launched in Dec 2018, has been signed by 11 countries, including Japan, Australia, Canada, New Zealand and Mexico.

By providing a stable link between factories and consumers, the China-Europe railway has been instrumental in stabilizing trade flows.

If the 3.2% GDP growth is realized, it will be the steepest rise since the 3.3% increase in fiscal 2010.

Two-way trade between Việt Nam and Eurasia still hit US$12.7 billion in 11 months of this year, up 13.1 per cent annually.

Voluntary carbon markets are on track to exceed US$1 billion in trades for the first time in 2021.