Guidance

In South Korea, COVID-19 Burdens an Already Strained Economy

Evan Rees
Asia-Pacific Analyst, Stratfor
Mar 2, 2020 | 21:47 GMT
South Korean soldiers in protective suits spray disinfectant on March 2, 2020, in Daegu, South Korea.

South Korean soldiers in protective suits spray disinfectant on March 2, 2020, in Daegu, South Korea.

(Xinhua/Wang Jingqiang via Getty Images)

South Korea's growing number of domestic COVID-19 cases puts the country's already beleaguered economy under further strain, risking the ruling progressive camp's position in upcoming legislative elections that could render President Moon Jae In a lame duck. This worsens a difficult situation given South Korea's deep links to the Chinese economy, also hit by COVID-19....

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