Virus to hit South Korea the 2nd hardest
SEJONG, Feb. 18 (Yonhap/APP): The rapidly spreading coronavirus in China is expected to hit South Korea second hardest if the virus epidemic forces Beijing to disrupt its supply of intermediary goods to Seoul, a report showed Tuesday. According to the report by the Korea Institute for International Economic Policy (KIEP), China’s exports of intermediary goods to South Korea stood at US$75.1 billion in 2017, accounting for a 6.5 percent of Beijing’s total exports of intermediary goods. The United States was the largest importer of China’s intermediary goods in 2017, with the ratio standing at 10.7 percent, the report showed. That … Continue reading Virus to hit South Korea the 2nd hardest
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