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China’s Banking Regulator Vows More Support to Belt and Road Development

China’s Banking Regulator Vows More Support to Belt and Road Development

China’s banking regulator vowed to provide more support to the development of the Belt and Road initiative, saying that the banks and financial institutions will be encouraged to offer greater funds to projects related to the policy. “In recent years, China’s banks and financial institutions have been motivated to improve their capabilities to establish a […]

Successful North Korea Missile Launch; Stern Response by Moon Administration

Successful North Korea Missile Launch; Stern Response by Moon Administration

N.K. says it successfully test-fires new ballistic missile [Yonhap] SEOUL, May 15 (Yonhap) — North Korea said Monday it has successfully tested-fired a new ground-to-ground medium long-range ballistic missile, claiming that the U.S. mainland is within its striking range. North Korean leader Kim Jong-un observed the launch of the rocket, called the Hwasong-12, on Sunday, […]

President Moon…”Straight to Work!”

President Moon…”Straight to Work!”

    Moon talks to Trump, early meeting promised [Joongang Daily] The leaders of South Korea and the United States on Wednesday vowed to maintain close cooperation in handling North Korea’s nuclear threats in their first phone talks, Seoul’s presidential office said. President Moon Jae-in and U.S. counterpart Donald Trump also agreed to hold a […]

2017 South Korea Presidential Election: the “Moon” and “Hong” Race

2017 South Korea Presidential Election: the “Moon” and “Hong” Race

The ballots have been counted and the results announced—Moon Jae-in of the Democratic Party has been selected as Korea’s 19th executive leader, winning with 41.1 percent of the votes. It took months of mass rallies, an impeached President, and a divided nation to come to this point and though the winning candidate came without surprise, […]

Deathly Levels of Fine Dust Pollution: Immediate Dilemma for New President of South Korea

Deathly Levels of Fine Dust Pollution: Immediate Dilemma for New President of South Korea

The worst case of fine dust of 2017 blanketed much of South Korea on Saturday. The huge dust storm was first from Mongolia and then China. The National Institute of Environmental Research (NIER) strongly suggested people avoid outdoor activities and for children and the elderly to stay indoors throughout the weekend. Consequently, the retail sector […]

The Dark Side of the Korean Education System and New Purposes for the Future

The Dark Side of the Korean Education System and New Purposes for the Future

Suneung, the most important test of your life The Korean school system is based on six years of elementary school (age 6-12), three years of junior high school (age 12-15) and three years of senior high school (15-18). What comes next is apparently the most important stage in life: the University entrance exam. South Korea […]

China: An Unnoticed Giant

China: An Unnoticed Giant

The relations between China and South Korea are bad. In March a poll indicated China overtook Japan as Korea’s most disliked foreign nation. The reason is simple: the South Korean decision to deploy the THAAD missile defense system annoyed China which reacted with introducing the “unofficial” but biting sanctions against South Korean companies. This is […]

South Korea’s Springboard: Smart City Concept

South Korea’s Springboard: Smart City Concept

Journalists Association of Korea (JAK) organized a media forum, named World Journalists Conference to promote world peace in early April 2017. Nearly one hundred journalists attended this program and became witnesses of the Korean development. JAK provided good opportunities to see Korean economic and urban progress. Government establishes new cities in the empty areas of […]

Seoul’s ‘international taxis’ running empty

Seoul’s ‘international taxis’ running empty

“International taxies” dedicated to overseas tourists are wasting time and millions of won in taxes because each cab in the Seoul city business is moving fewer than one customer a day, according to reports. The city has invested 580 million won ($514,000) a year in operating 366 international taxies, half private and half corporate, since […]

Metro train decorated with animation drawings

Metro train decorated with animation drawings

Animation drawings are seen on a metro train in Hangzhou, the capital of east China’s Zhejiang Province, April 27, 2017. To celebrate the ongoing China International Cartoon and Animation Festival in Hangzhou, a metro train consisting of six cars are decorated with animation drawings.  

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