South Korea’s new ‘Top-Tier’ visa program, designed to attract highly skilled foreign workers in high-tech sectors, is expected to have a positive impact on the country’s tourism industry. This initiative not only strengthens South Korea’s technological prowess but also opens up new opportunities for the travel and tourism sectors, attracting high-income earners and boosting international business travel.
China’s most promising industries are facing a growing threat of trade restrictions from Western governments, blurring the outlook for stocks that have the potential to fuel the nation’s market growth. The sectors under scrutiny include electric vehicles, wind and solar projects, medical devices, and chips. These industries are of strategic importance to President Xi Jinping’s bid for leadership in the global race toward green transition and high-tech development. The rising tensions come at an inopportune time, as stocks were starting to emerge from a multi-year slump.
