Asia Pacific May 28, 2023
South Korea to avoid cashing in on China’s U.S. chipmaker ban
China’s Micron crackdown has drawn South Korea into the U.S.-China battle over technology access and national security.
China’s Micron crackdown has drawn South Korea into the U.S.-China battle over technology access and national security.
South Korea’s crude marriage rate — the number of marriages per 1,000 people — slid to 3.7 from 3.8 in 2021.
Seoul last month revoked a contract with Moscow in favor of a European operator to launch a satellite into space.
As women feel torn between children and a career, South Korea continues to struggle with a low birthrate.
Even relatively safer financial systems like South Korea’s face threats of contagion.
The country should instead embark on long-delayed structural reforms, central bank Gov. Rhee Chang-yong said.
The country last year saw the number of babies expected per woman drop to 0.81, a result that shattered its own world record.
Past financial crises are haunting South Korean policymakers as they rush to support a local credit market that’s quickly gone from one of the world’s safest to teetering on the brink.
The country's president plans to sharply increase cash payments for new parents, but for women considering children, temporary subsidies may do little to assuage worries over years of costs.
A plan to provide a monthly stipend to every family with a newborn is Seoul's latest move to address the world’s lowest fertility rate.