(EDITORIAL from Korea Times on Jan. 5)

Korea registered a trade deficit of $9.97 billion in 2023. This represents a modest decline compared to 2022’s record shortfall of $47.78 billion. The recovery has been buoyed by booming exports of automobiles and vessels, coupled with the steady reb…

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(EDITORIAL from Korea Herald on Jan. 5)

Korea’s trade deficit with China stems from Beijing’s push for local manufacturing

Korea recorded a trade deficit with China last year for the first time since the two countries established diplomatic relations in 1992.

It continued to fall from a …

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