Emerging Markets 3

As China dominates the world of clean energy, US protectionism ‘neoliberalism fails’

As China dominates the world of clean energy, US protectionism ‘neoliberalism fails’ The New York Times diagnosed the US as a ‘failure of neoliberalism’ due to protectionist trade in the clean energy industry’s dominance of Chinese manufacturing. As the United States and the West, which pushed for a rapid single global free market economy in the 1970s oil crisis, lost out to China, which develop..

안보 2024.05.30

Lee Chang-yong 'no exchange rate target' Powell's 'interest rate hike' overlapped the won sharply

After Bloomberg published an article warning of further erosion of Asian assets, Bank of Korea Governor Chang-yong Lee said in an interview with Bloomberg TV that “there is no exchange rate target,” and the won depreciated significantly. "Asia assets are leaning towards hawkish at the Jackson Hole Symposium following the Fed, and investors are seeking refuge," Bloomberg said. It warns of the lon..

경제 2022.08.29

Chang-Yong Lee ‘Korea’s Emerging Countries’ in the U.S. ‘Ninth Financial Powerhouse’ in Korea

Lee Chang-yong, Governor of the Bank of Korea, announced it as a 'Korea Emerging Countries' at a US Fed Symposium, and differently revealed it as a '9th largest financial powerhouse' at a meeting of the Monetary Policy Committee of the Bank of Koreaㅣ At the US Federal Reserve Symposium on the 27th, President Lee said, "It is true that it is technically very difficult to create a basic scenario a..

경제 2022.08.28