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South Korea's COVID surge hammers small businesses again

Gulf with larger companies widens as government considers more support

As in many countries, independently owned businesses in South Korea such as restaurants are bearing the brunt of policies aimed at limiting the movement of people to control the spread of the coronavirus.   © Reuters

SEOUL -- Coronavirus cases have surged to record levels in South Korea, resulting in stricter curbs that are pressuring small and midsized businesses already reeling from previous outbreaks and widening the performance gap between big companies and smaller domestic rivals.

While large South Korean enterprises have fared better than their overseas peers, the growing gap at home has smaller establishments worried.

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