Moody's has slashed its outlook for South Korea's economic growth for 2019 and 2020. <br />In a report Monday,... the global credit rating agency forecast South Korea's economy to grow two-point-one and two-point-two percent in 2019 and 2020, respectively,... far lower than the two-point-seven percent growth last year. <br />This is a revision from the two-point-three and two-point-five percent growth outlooks Moody's gave in November last year.<br />The report explained that subdued demand for intermediate products from China, namely semiconductors, has had negative impact on exports and investment outlook. <br />
