News & Insights Across Asia
Lee Jae-myung begins presidency vowing to address South Korea’s post-martial law challenges and economic slowdown, with immediate focus on cost-of-living concerns and US trade talks.
Exit polls project Lee Jae-myung to win South Korea’s snap presidential election, signaling potential policy shifts in economic reform and regional diplomacy.
Trump pressures divided Republicans to pass sweeping spending bill, highlighting fiscal debates with global economic implications.
China’s new Private Economy Promotion Law enshrines equality and fair competition, aiming to boost innovation and stabilize economic growth amid global challenges.
China implements landmark law to boost private sector growth, addressing systemic challenges while reinforcing its role as an economic and innovation driver.
China’s first Private Economy Promotion Law takes effect May 20, enhancing fair competition, innovation, and protections for private businesses.
China passes historic law supporting private enterprises, with 57 million firms now driving 92% of businesses. New rules aim to ensure fair competition and sustainable growth.
China trims market access restrictions, opening telecom and manufacturing sectors to spur business growth and attract investment, with a 30% reduction in listed items since 2018.
Economic experts highlight China’s focus on domestic reforms and openness to offset U.S. tariff effects, ensuring stable growth and global investor confidence.
Hainan’s Consumer Expo draws global brands as China advances Free Trade Port development, signaling expanded trade opportunities across Asia-Pacific markets.
China reports significant progress in industrial upgrades and institutional reforms, boosting high-tech manufacturing and new energy vehicle production.
China releases its ‘No. 1 central document’ for 2025, outlining key priorities to deepen rural reforms and advance comprehensive rural revitalization.