South Korea today faces economic and political headwinds as strong as any country in Asia, with faltering domestic consumption and struggling exports in the face of slowing Chinese demand from Korea’s formidable export machine. Abenomics’ latest tactics to weaken the yen are giving Seoul’s export sector even more problems.
South Korea: Headwinds and Crosswinds
South Korea: Headwinds and Crosswinds
South Korea: Headwinds and Crosswinds
South Korea today faces economic and political headwinds as strong as any country in Asia, with faltering domestic consumption and struggling exports in the face of slowing Chinese demand from Korea’s formidable export machine. Abenomics’ latest tactics to weaken the yen are giving Seoul’s export sector even more problems.