China & North East Asia

Monthly political risk, economic forecasts and business environment analysis on each country market

Latest China & North East Asia Analysis

Industry Trend Analysis - Online Banks To Be A Catalyst For Fintech Disruption - OCT 2017

The provision of a banking license to Kakao Bank marks a further step in the development of the fintech industry in South Korea and is likely to see banks push for greater deregulation amid a difficult operating environment as the rise in online banking poses a threat to conventional banks. We believe that the provision of a license will be positive for the development of more digital services...

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Economic Analysis - Supplementary Budget Beginning Of Shift Towards Increased Spending - SEPT 2017

While we do not expect South Korea's proposed supplementary budget to have an impact on the government's fiscal position, the speed by which the government has drawn up the proposal indicates the importance of job creation and marks the beginning of a shift towards one of increased spending. We maintain our expectations for the country's 2017 operating fiscal deficit to come in at 1.7% of GDP...

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