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South Korea's Economic Doldrums Have Taken the Wind Out of Moon's Sails

Oct 4, 2019 | 09:00 GMT
A South Korea freighter anchors at Qingdao, China.

Exports, the backbone of the South Korean economy, have taken a hit over the past year, dragged down by the weight of global uncertainty, a trade battle with Japan and a glut of semiconductors that have flattened that market.

(Visual China Group via Getty Images)

South Korea's difficult economic environment won't just make it harder for President Moon Jae In to enact his political agenda; in the next few months, it will threaten the continuity of his government. As with the rest of the Asia-Pacific, South Korea's economy is contending with slackening global demand, the...

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