S. Korea minister warns of fallout of US-China trade war
The world's 11th largest economy is expected to grow 2.9 percent this year (AFP Photo/JUNG Yeon-Je)/ South Korea's finance minister warned that an all-out trade war between the US and China would have grim implications for the country, as he lowered this year's growth outlook Wednesday. The world's 11th largest economy is expected to grow 2.9 percent this year, lower than an earlier estimate of three percent, Kim Dong-yeon said, citing slowing demand at home and abroad as well as rising unemployment. The latest estimate is also lower than ...
Click
To Read Full Article