Korean recovery pace to continue but risks are intensifying: Report

  • 6 years ago
The government says.... the recovery pace of the Korean economy will continue on the back of robust exports,... but adds that risks are growing over falling facility investments... and worsening employment figures.
In its monthly economic 'greenbook' report released on Friday... the Ministry of Economy and Finance cited employment figures in August,... which show the number of newly employed people was at its *lowest level in nearly two decades.
Although it says,.... Korean exports are booming on the global recovery,... the report highlighted the growing external risks... stemming from escalating trade tensions between China and the U.S.,... as well as the widening key rate gap between Korea and the U.S.

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