US urged to comply with WTO ruling
The US, under Trump, has shunned several international organizations. The United States has challenged the authority of the World Trade Organization by ignoring a WTO ruling, and…
S. Korea may review military info-sharing pact with Japan
It is unclear how the ongoing trade dispute with Japan has affected the decision. A senior Blue House official said Thursday South Korea will review whether to renew a pact with…
S. Korea cuts growth outlook to 2.2%, key rate to 1.5% amid uncertainties
Japan’s export curbs had impact on drastic lowering of outlook: BOK chief. The Bank of Korea has slashed its forecast for this year’s economic growth to 2.2 percent,…
US tourism feels trade war pinch
Chinese travel fell 5.7 percent in 2018, its first drop in 15 years. Travelers from China are seeking alternative destinations amid the trade war with the United States, as…
Sino-Africa partnership holds much potential
China has increasingly looked to the continent as an integral part of its plans. Africa’s Agenda 2063, adopted by the African Union in 2013, clearly outlines Africa’s…
Korea says Japan’s arbitration process offer unacceptable
Seoul has taken Japan to the WTO with an official complaint. A couple of days ahead of the deadline set by Japan for South Korea to respond to its offer of a formal arbitration…
S. Korean biz groups in emergency mode
Japan has ban the export of high tech materials to South Korea. South Korea’s major business groups are shifting to emergency mode, setting detailed contingency plans for a…
Chinese economy grows at slowest rate in decades
Growth slumps to 27-year low in China, with talk of more aggressive stimulus measures. China’s economy grew 6.2 per cent in the second quarter of this year, its slowest rate in…
China assures foreign firms amid tensions
Beijing says investments continue despite trade war. The Ministry of Commerce said on Thursday that there is no massive withdrawal of foreign investment from China, and vowed that…
Japan sees decline in value-added trade surplus with Korea
Tokyo’s export curbs to negatively impact global economy due to correlated trade structure. Japan’s trade surplus in value-added goods and services (TiVA) with South Korea…