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South Korea's Moon must confront economic headwinds

Seoul can launch promised chaebol reforms to reboot growth

| South Korea
Moon seems more driven by the next GDP report than where Korea wants to be ten years out.    © Reuters

South Korea is seeing a bull market in bearish economic news.

In the first 20 days of May, exports plunged 11.7% from a year earlier, signaling a sixth straight monthly drop. Unemployment rose to 4.1% in April from 3.8% in March.

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