Foreign investment hits 6-year low in South Korea as tax breaks end

Service sector suffers huge blow with US and China leading pullback

20190519 Seoul construction

A construction site in Seoul. South Korea may be overly ambitious in its bid to attract over $20 billion in foreign direct investment this year. © Reuters

KENICHI YAMADA, Nikkei staff writer

SEOUL -- Overseas companies and investors are becoming reluctant to pour money into South Korea.

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