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Economy

South Korea's Moon stakes legacy on $138bn K-New Deal

Investors skeptical about plan to boost digital and green sectors

South Korean President Moon Jae-in speaks during the first meeting on the K-New Deal strategy at the presidential office in Seoul on Sept. 3.   © EPA/Jiji

SEOUL -- South Korean President Moon Jae-in is staking his legacy on a 160 trillion won ($138 billion) K-New Deal of investment in the digital and green sectors, but the liberal leader's patchy economic record has made analysts skeptical.

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