Hyundai Motor vehicles bound for export await shipment at a port near Hyundai’s plant in Ulsan, South Korea, on January 22. Short on natural resources of its own, South Korea’s economy is heavily dependent on exports, making its economy particularly susceptible to changes in its trading partners. Photo: Bloomberg
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

South Korea’s economic slump a bad sign for Asian economies dependent on exports to China

  • A weakened Korean won failed to stimulate its exports, meaning China’s recent growth is not in the sectors that need them, and that’s bad for Beijing’s other trading partners

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Hyundai Motor vehicles bound for export await shipment at a port near Hyundai’s plant in Ulsan, South Korea, on January 22. Short on natural resources of its own, South Korea’s economy is heavily dependent on exports, making its economy particularly susceptible to changes in its trading partners. Photo: Bloomberg
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