South Korea's President Defies Impeachment and China Intensifies Economic Support

South Korea's political scene is experiencing a dramatic moment: President Yoon Suk Yeol is showing a combative stance after the parliament voted against him. In a speech marked by determination, he declared his intention to never give up. Meanwhile, Prime Minister Han Duck-soo takes over the country's affairs as interim president while the Constitutional Court decides on Yoon's impeachment within the next 180 days. Should the court confirm the impeachment, South Korea will face an early presidential election within 60 days. At the same time, Prime Minister Han Duck-soo and his actions are also coming into the spotlight. He faces investigations concerning his role in declaring martial law. However, the main opposition leader assured that there are currently no plans to initiate impeachment proceedings against Han as well. The development of the South Korean currency and the stock markets remains particularly in focus for analysts this Monday.