East Asia

South Korea’s 2024 Elections: What to Know
East Asia Henry Fleck East Asia Henry Fleck

South Korea’s 2024 Elections: What to Know

People across the world have already started eyeing the U.S. presidential race between Joe Biden and Donald Trump, but there’s another high-stakes election across the Pacific. On April 10, South Korea will elect a new National Assembly, the country’s 300-member unicameral legislature. The results will in large part indicate citizens’ satisfaction with President Yoon Suk Yeol, elected in 2022, and his conservative People Power Party (PPP), while also testing the mettle of the main opposition, the more liberal Democratic Party (DP), which seeks to keep Yoon from gaining momentum as it looks ahead to the 2027 presidential election.

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China & Russia Seek Closer Security Cooperation Amidst Growing American Influence
East Asia Tai Halpern East Asia Tai Halpern

China & Russia Seek Closer Security Cooperation Amidst Growing American Influence

On Tuesday, April 9, Chinese State Official Wang Yi hosted his Russian counterpart Minister Sergey Lavrov in Beijing for talks on economic and security cooperation. The new cooperative measures are set to displace American influence in Asia and Europe, the United States’ most strategically important region and former most strategically important region, according to political scientist and professor John Mearsheimer.

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China’s Credit Downgraded amid Negative Future Forecast
East Asia Tai Halpern East Asia Tai Halpern

China’s Credit Downgraded amid Negative Future Forecast

This week, U.S.-based credit rating agency Moody downgraded China’s economic outlook. Though not an official credit downgrade — China’s credit remains rated A1 — the news still carries heavy significance, as an outlook downgrade is generally the first step taken before credit is downgraded in the future.

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A Joint Opposition Ticket May Upend the Taiwanese Elections
East Asia Rebecca Locher East Asia Rebecca Locher

A Joint Opposition Ticket May Upend the Taiwanese Elections

On Nov. 15, Taiwan’s two main opposition parties in the 2024 presidential election agreed to a joint presidential ticket that may have serious implications for the outcome of the elections and the trajectory of Taiwan. The landmark election will take place on Jan. 13, 2024, and may alter Taiwanese independence for decades to come.

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APEC Summit: Biden’s Bittersweet Meeting with Xi Jinping
East Asia Tai Halpern East Asia Tai Halpern

APEC Summit: Biden’s Bittersweet Meeting with Xi Jinping

On Wednesday, Nov. 15, US President Joe Biden hosted Chinese President Xi Jinping at the Filoli Estate in San Francisco for a four hour one-on-one discussion. The meeting comes amidst the backdrop of this year’s Asian-Pacific Economic Cooperation (APEC) Summit where leaders from twenty-one Asian-Pacific nations gather to discuss economic cooperation and trade integration.

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Economic Meltdown: China Faces Capital Outflow
East Asia Tai Halpern East Asia Tai Halpern

Economic Meltdown: China Faces Capital Outflow

For the first time in twenty-five years, Foreign Direct Investment (FDI) into China has fallen below zero. That is, there is more capital currently leaving China for other markets, than there is foreign capital being invested into China, a phenomenon called capital outflow.

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A New Chapter: Japan and South Korea Soften Relations
East Asia Tai Halpern East Asia Tai Halpern

A New Chapter: Japan and South Korea Soften Relations

On Sunday Oct. 21, Japan, South Korea, and the US conducted their first joint aerial exercise near the Korean Peninsula. The exercise comes on the heels of revived tensions between North Korea and its two Northeast Asian neighbors, as well as continued efforts to soften South Korean-Japanese relations due to the growing threat of China.

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Belt and Road Forum: More Than Infrastructure
East Asia Rebecca Locher East Asia Rebecca Locher

Belt and Road Forum: More Than Infrastructure

China continued its push for an alternative international environment at the third Belt and Road Initiative forum this past week. The conference took place from October 17 to 18, hosting two dozen world leaders and delegations from more than 100 countries, where they discussed the global infrastructure and development endeavor that began a decade ago.

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Breaking Up the Unification Church of Japan
East Asia Rebecca Locher East Asia Rebecca Locher

Breaking Up the Unification Church of Japan

Last year’s assassination of the Japanese former Prime Minister Shinzo Abe launched a year-long examination into the Unification Church, ending on Friday, October 13, 2023, with the Japanese government officially asking the Tokyo District Court to legally dissolve the Church.

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China Ramps up Efforts to Tackle its Population Crisis
East Asia Tai Halpern East Asia Tai Halpern

China Ramps up Efforts to Tackle its Population Crisis

On Tuesday October 10, 2023, Chinese state media announced the CCP’s plan to conduct a nationwide survey to “monitor China’s population developmental changes and provide a basis for the Communist party… to formulate… population related policies.” The survey comes as China begins to see its long-growing population begin to shrink for the first time in six decades.

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