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Moon Jae-in targets 4% growth in South Korea this year

Entering final year in office, president vows to bolster nation's chip industry

South Korean President Moon Jae-in speaks in Seoul on Monday to mark four years since he took office.   © Yonhap/Kyodo

SEOUL -- In a speech to mark four years since coming to office, South Korean President Moon Jae-in targeted 4% growth this year for an economy that has largely withstood the ravages of the pandemic.

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