South Korea’s privately led rocket program, NURI (KSLV-II), completed its fourth successful launch on November 17, reaching an altitude of 601.3 kilometers and entering orbit—a milestone that has sharpened debate in Taiwan over its own ambitions in space.
The global auto industry is entering an unusual phase of expansion—one driven less by strategic ambition than by the need to survive. China’s automakers have unleashed a surge of exports that, at first glance, looks like an aggressive push into overseas markets. Beneath the surface, however, lies a harsher reality: cutthroat competition at home and a deepening structural overcapacity that is leaving many firms with few viable alternatives.
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