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1 – 10 of 11The housing market is experiencing its largest downturn, triggered by government action in 2020 to limit financial risks from the property sector by introducing debt ceilings for…
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DOI: 10.1108/OXAN-DB285545
ISSN: 2633-304X
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Geographic
Topical
Exports and imports fell further into contraction, declining by 14.5% and 12.4% respectively in dollar terms. The consumer price index fell into negative territory, declining by…
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DOI: 10.1108/OXAN-DB281569
ISSN: 2633-304X
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Geographic
Topical
The manufacturing purchasing managers' index fell into contraction (to 49.2), indicating that business conditions were worse than the previous month. Retail sales, industrial…
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DOI: 10.1108/OXAN-DB279358
ISSN: 2633-304X
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Geographic
Topical
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…
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DOI: 10.1108/OXAN-DB286623
ISSN: 2633-304X
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Geographic
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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…
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DOI: 10.1108/OXAN-DB285352
ISSN: 2633-304X
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Geographic
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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…
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DOI: 10.1108/OXAN-DB284884
ISSN: 2633-304X
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Geographic
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In contrast to many developed and emerging markets, real estate prices, particularly at the luxury end of the market, have risen strongly in 2023. Nevertheless, residential…
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DOI: 10.1108/OXAN-DB281017
ISSN: 2633-304X
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Geographic
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The 6.3% year-on-year growth posted for the second quarter was distorted by COVID-19 lockdowns in Shanghai and other major cities in the same period last year. Accordingly…
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DOI: 10.1108/OXAN-DB281106
ISSN: 2633-304X
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Geographic
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Voters elect representatives from their geographic constituencies (73 seats) and vote separately for a political party, which then fields 34 legislators-at-large not tied to a…
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DOI: 10.1108/OXAN-DB284670
ISSN: 2633-304X
Keywords
Geographic
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At the same time, private businesses have been allowed to import as never before. New privately owned shops caters to those with hard currency, but for most people the economic…