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S. Korea faces growing downside risks over slowing global economy

2019-04-12 5 Dailymotion

정부 “반도체 업황 등 하방리스크 확대…주요 실물지표 부진”<br /><br />South Korea is facing growing downside risks amid lower demand for semiconductors and the slowing global economy. <br />That's according to the finance ministry's Green Book,... which is an analysis of the latest economic indicators including exports, output and consumption. <br />The country’s total outbound shipments fell around 8-percent on-year in March,... with chip exports falling almost 17-percent during the same period, mainly due to falling global prices of semiconductors as well as China’s economic slowdown. <br />The government will boost its efforts to revitalize the sluggish economy,... by drawing up an extra budget and speeding up policy tasks.

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