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South Korea will regain growth momentum

Location:

SOUTH KOREA

Separately, the head of Samsung Electronics -- the cornerstone of the Samsung Group, which contributes around 20% of South Korea’s GDP -- has been cleared of wrongdoing in a…

US retail media advertising expenditure will multiply

Location:

UNITED STATES

Although the growth rate reverted to trend following the 35% growth seen during the pandemic-related e-commerce surge in 2021, digital advertising now accounts for three-quarters…

China set for near-5% growth amid imbalances and risks

Location:

CHINA

Quarter-on-quarter growth accelerated to 1.6%, from 1.2% previously. A 6% year-on-year expansion in the secondary sector -- manufacturing and construction -- led the growth, while…

China’s exports will recover but trade sanctions loom

Location:

CHINA

Chinese exports grew by 7.1% year-on-year in US dollar terms, while imports expanded by 3.5%. The trade gap narrowed to USD39.7bn in February. Export growth was buoyed by rapid…

Seoul-Havana relations will hurt Pyongyang

Location:

SOUTH KOREA/CUBA

South Korea’s business ties with Cuba have improved in recent decades, while Havana-Pyongyang relations have long been uneasy. Cuba’s decision came amid North Korea’s increasingly…

Parallel imports continue to support Russia’s economy

Location:

RUSSIA

Parallel imports have played a crucial role in securing the supply of goods for the Russian economy. The creation and management of parallel import channels is now an important…

Biden will stress regional economic development work

Location:

UNITED STATES

With the economy a central issue for many voters, Biden is stressing his administration’s focus on place-based economic development (PBED), an approach to shaping the economic…

Turkey’s defence industry is set for growth

Location:

TURKEY

A major milestone was showcased in February, as KAAN, the country’s first domestically produced fifth-generation combat aircraft, made its maiden flight. The aircraft is equipped…

China’s domestic activity will slow modestly in 2024

Location:

CHINA

Private consumption contributed 4.3 percentage points (pps) to 2023 GDP growth, while fixed investment contributed 1.5pps and net trade subtracted 0.6pps as export volumes fell…

US trade exposure to China will remain high

Location:

CHINA/UNITED STATES

In January-November, imports of Chinese goods dropped more than 20% year-on-year. China’s share of total US imports plunged to 13.9% from 16.7% in the same period in 2022, while…