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  2. David O'Rear's East Asia Politics & Economics Blog

David O'Rear's East Asia Politics & Economics Blog

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David O'Rear's East Asia Politics & Economics Blog

14.01.2024

DPP’s Lai wins Taiwan Presidency – David O'Rear's East Asia Politics & Economics Blog

Lai Ching-te of Taiwan's ruling Democratic Progressive Party (DPP) won Saturday's presidential election with an estimated 40% of the vote, topping the Nationalist Party (Kuomintang, KMT)’s Hou Yu-ih (33.5%) and the Taiwan People’s Party’s Ko Wen-je (26.5%). The win gives the DPP an unprecedented third consecutive term in office. The vote was largely split between…

David O'Rear's East Asia Politics & Economics Blog

26.01.2024

The 2024 US Economy – David O'Rear's East Asia Politics & Economics Blog

The American economy grew 2.5% in 2023, well above the previous year’s 2.0% and even with the 2019 and 2017 numbers. 2023 was also a tenth of a point above the pre-covid 10 year average. Private consumption led the charge (+2.2%),spearheaded by higher volumes of durable goods purchases. Capital investment, however, was a drag on…

David O'Rear's East Asia Politics & Economics Blog

06.02.2024

PRC Law And The Demise of Hong Kong In 2024 – David O'Rear's East Asia Politics & Economics Blog

Publication: China Brief Volume: 24 Issue: 3 By: Arran Hope, Feb 2, 2024 Executive Summary New National Security legislation, which emulates recent PRC laws, and the potential torture of a witness in the ongoing trial of Jimmy Lai, is characteristic of the erosion of legal norms in Hong Kong as it moves towards full unification…

David O'Rear's East Asia Politics & Economics Blog

07.04.2024

US Q-1 ’24 Labor Market Strong – David O'Rear's East Asia Politics & Economics Blog

The American labor market remained very strong in the first quarter with job growth of 1.7% in January-March (over the same 2023 period) and a labor force rise at a similar pace. Non-Farm Payroll numbers were up 2.3% in the first semester and 1.9% in March. The unemployment rate averaged 3.8% in the first three…

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