Economy

South Korea enters first recession in 17 years as exports plummet

GDP contracts 3.3% in second quarter, but economists see a rebound

KIM JAEWON, Nikkei staff writer
July 23, 2020 08:03 JST
Updated on July 23, 2020 10:06 JST

SEOUL -- South Korea entered a recession for the first time in 17 years as exports plunged due to the coronavirus pandemic.

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