Yoon Suk-yeol, a conservative former top prosecutor, was elected South Korea's new president. During his campaign, Yoon had indicated that his foreign policies would be a stark departure from that of his outgoing predecesor Moon Jae-in. He stressed that he would be strengthening the digital-data economy, creating a new model to solve economic polarization and promote social mobility, as well as building closer economic ties with China. In this episode of BizBeat, CGTN's Zheng Junfeng explains.