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South Korea election

Moon torn between vow to rein in chaebol and sustaining economy

South Korea's president ran against conglomerates now facing cash crunch

The electoral win by South Korean President Moon Jae-in's Democratic Party of Korea allows him to pursue progressive economic policies. But he must balance those with the need to keep big business healthy.   © Reuters

SEOUL -- The landslide victory by South Korea's ruling party in the April 15 election rewards President Moon Jae-in for his handling of the coronavirus pandemic, but this support also creates a dilemma for the president as he tries to revitalize the economy.

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