South Korean Q4 ex­ports forecast up

China Daily (Hong Kong) - - BUSINESS -

South Korea’s fourth-quar­ter ex­ports are forecast to grow for the first time in two years amid mod­est re­cov­ery in global trade, the coun­try’s trade min­is­ter said on Mon­day. Min­is­ter of Trade, In­dus­try and En­ergy Joo Hyung-hwan told a news con­fer­ence that the Oc­to­ber-De­cem­ber quar­ter ex­ports are ex­pected to post the first quar­terly growth in two years and that next year’s ex­port growth rate would record over 2 per­cent. The coun­try’s ex­ports, which ac­count for about half of the ex­port-driven econ­omy, rose in Au­gust and Novem­ber alone in the past 23 months.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.