The foreign ministers of China, Japan and South Korea gathered for trilateral talks in Beijing on Wednesday. Photo: Kyodo

South Korea’s economy facing ‘perfect storm’ as Japan trade dispute continues and exports plunge

  • South Korea’s exports for the first 20 days of August fell 13 per cent from a year earlier, pointing to a ninth successive monthly decline
  • Semiconductor sales fell 30 per cent, while exports to China fell 20 per cent, suggesting joint headwinds of global electronics slowdown and US-China trade war
Topic |   Trade

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The foreign ministers of China, Japan and South Korea gathered for trilateral talks in Beijing on Wednesday. Photo: Kyodo
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Finbarr Bermingham

Finbarr Bermingham

Finbarr Bermingham has been reporting on Asian trade since 2014. Prior to this, he covered global trade and economics in London. He joined the Post in 2018, before which he was Asia Editor at Global Trade Review and Trade Correspondent for the International Business Times.

Lee Jeong-ho

Lee Jeong-ho

Lee Jeong-ho reports on China's diplomacy for the Post. He also covers East Asian security and defence stories. Before joining the Post he was with the South Korean Air Force and News1 Korea. He has a bachelor's degree in media and communications and Chinese studies from Sydney University and a master's of international studies in Chinese area studies from Seoul National University.