S Korea worries about China’s possible export reduction to US
The Bank of Korea reportedly said that a 10% reduction in China’s exports to the US might negatively affect the demand for Korea’s intermediary goods and cause Korea’s overall exports to fall by 0.36%.
Electronics, semiconductors and petrochemical industries in South Korea will potentially be the first sectors that will particularly be affected negatively in case of a potential damage in trade between China and the US, the reports said.
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