Archive For The “Asia” Category

How ASEAN Benefits From China’s Growth

How ASEAN Benefits From China’s Growth

Source: South China Morning Post, Tom Plate   Written By: Pau Khua Mung   As China focus its attention to a capital-intensive, high labour-productivity manufacturing as well as services industries, it has been looking towards ASEAN to transfer its manufacturing processes. Given ASEAN’s close proximity with China, coupled with its low cost of labour [7],…

Climbing Through Uncertainty: The Philippines

Climbing Through Uncertainty: The Philippines

Climbing Through Uncertainty: The Philippines By: Ibarra Jonel Mari Gabertan Inflation: A necessary evil? Inflation is a common term both in and out of the academic realm of economics which, simply put, refers to the percentage change in prices of goods over a period of time. It is estimated using the weighted average of prices…

Minimum Wage Law in South Korea

Minimum Wage Law in South Korea

Minimum Wage Law In South Korea By Kim Tae Hwan Introduction In recent years, South Korea has reached the brink of political transformation. With the end of the conservative party’s ten year ruling over the country, the idea of progressivism has spread, taking over more than half of the parliament, and even the Blue House….

China’s Need for a Change

China’s Need for a Change

China’s Need for a Change By Pau Paper, Gunpowder, Compass. These were great inventions from Ancient China that enabled advancement of the Chinese civilisation. Paper allowed for the record of knowledge. Gunpowder propelled countries to embark on a conquest over nations. The Compass guided explorers to charter through new territory. China was well-known for its…

Is China the next ‘Savior’ of Africa?

Is China the next ‘Savior’ of Africa?

Is China the next ‘Saviour’ of Africa? By Song Yinyin Fig.1 The FOCAC in session1 Unlike the cacophonous and grumble-filled first ever no-deal Asia Pacific Economic Cooperation meeting that broke off earlier November2, the ministerial meeting of the Forum on China-Africa Cooperation (FOCAC) held in Beijing in September was more than prolific. The vast majority…

The Future of ‘Made in China 2025’ Policy: Will Washington Maintain Its Edge?

The Future of ‘Made in China 2025’ Policy: Will Washington Maintain Its Edge?

The Future of ‘Made in China 2025’ Policy: Will Washington Maintain Its Edge? By: Cheryl Wijaya     Modelled on Germany’s Industry 4.0 plan, ‘Made in China 2025’ policy goes much further than a mere development of artificial intelligence and robotics to transform the country’s manufacturing sector. Beijing’s grand ambition to convey a multi-decade plan…

Rohingya Crisis: A Crafted Crisis in Veil?

Rohingya Crisis: A Crafted Crisis in Veil?

Rohingya Crisis: A Crafted Crisis in Veil? Written by: Divya Tyagi       Myanmar has been acutely dominating international news coverage since 2017 for perpetuating the exodus of hundreds of thousands of Rohingya to Bangladesh. According to Human Rights Watch, Burmese security forces have been carrying out a campaign of ethnic cleansing against Rohingya in…

The Looming Threats to Developing Asia

The Looming Threats to Developing Asia

The Looming Threats to Developing Asia Written By: Semini Satarasinghe   With avenging trade wars, vulnerabilities of financial markets, geopolitical tension and volatility in the global economy, there are looming threats to developing Asia. Comprising of more than 49 countries, the positive economic growth in the Asian region is dominated by regional superpowers, China and India….

Labor productivity in China

Labor productivity in China

Labor Productivity in China By Siming Xiao   In the year 2010, China’s GDP was growing close to 2.4% [1] while the labor productivity was at 10%; 8 years later today, GDP growth rate and labor productivity is at 1.5% and 6.85% respectively. However, China’s labor productivity is relatively low compared to other developed economies…

There is more to North Korea than just ballistic missile tests

There is more to North Korea than just ballistic missile tests

There is more to North Korea than just ballistic missile tests by: Candice Chong Xianli Sanctions on the Democratic People’s Republic of Korea (DPRK) are commonplace. Since 2006, the United Nations Security Council (UNSC) has imposed 10 rounds of sanctions on North Korea, to condemn its development of nuclear weapons and ballistic missile technology. [1]…

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