South Korea rebounds from COVID recession on export recovery

GDP grows 1.9% in third quarter, but service sector remains weak

KIM JAEWON, Nikkei staff writerOctober 27, 2020 08:01 JSTUpdated on October 27, 2020 10:23 JST | South Korea

SEOUL -- The South Korean economy rebounded from a COVID-induced recession in the third quarter as demand for exports grew following the relaxing of lockdowns in the region.