Tag Archives: South Korea economy

A new survey has found that the recent deterioration in relations between Beijing and Seoul seems to have affected Korean product sales, with negative perceptions of South Korea’s image playing a growing part in consumer decisions. Source link

South Korea’s shipments to China have fallen for six consecutive months, but November’s decline was the sharpest since mid-2009 as widespread lockdowns dampened demand for Korean tech products such as semiconductors. Source link

South Korea has pledged to stabilise domestic supply chains, allocate more money for R&D and strengthen production ties with Southeast Asian nations in a bid to ease the private sector’s reliance on China. Source link

South Korea has identified slowing trade with China as a major economic risk after posting its highest ever trade deficit in August. Seoul has vowed to enhance bilateral economic and ministerial cooperation to address the issue. Source link

China will remain an important economic partner for South Korea despite the election of a new “pro-American” president that has been critical of Beijing, experts said.In particular, South Korean companies could profit from the economic priorities China revealed during its agenda setting parliamentary meetings earlier this month, including infrastructure investment, …