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Overtaking Japan? South Koreans see no reason to celebrate

Economic data points to Seoul's rise, but many do not feel benefits

South Korean President Moon Jae-in, left, with Samsung Electronics Vice Chairman Lee Jae-yong at an event in 2019. Conglomerates like Samsung have driven the country's economic growth but have also come to be seen as a symbol of inequality. (Yonhap via Kyodo)

TOKYO -- Japanese academic and financial circles have been abuzz of late over a not-so-new phenomenon: South Korea overtaking Japan in key economic indicators.

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