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Monday, February 6, 2017

South Korea will enter economic downturn in 2017

https://sg.finance.yahoo.com/news/toilet-seats-cosmetics-koreans-fret-210000152.html

As predicted in our previous postings, South Korea economy will suffer when it wants to install THAAD system.  The economic impacts will materialise this year.

3 comments:

Eric Ho said...

https://www.bloomberg.com/news/articles/2017-02-07/near-1-000-debt-level-to-worsen-for-korean-air-as-won-seen-weak?cmpid=yhoo.headline&yptr=yahoo

Korean airline may go bankrupt after hanjin shipper because China is restricting Korea air right.

Eric Ho said...

https://sg.news.yahoo.com/china-halts-construction-major-lotte-project-amid-thaad-080549521--finance.html

China is taking actions against Korean companies now.

Eric Ho said...

http://www.reuters.com/article/us-southkorea-china-idUSKBN15Q042

Another action by China.