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Page 5 - South Korea Economy News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Chinese visa applications for South Korea surge after Covid entry restrictions lifted

The number of Chinese applying to visit South Korea has more than doubled in the first week after Seoul resumed issuing short-term visas, signalling the end of a dispute over travel curbs between the two Asian neighbours.

China s reopening stirs hopes that South Korea can turn around a record trade deficit

South Korea announced a record trade deficit in January, as exports to China tumbled 31.4 per cent and the value of energy imports jumped amid elevated winter demand and high global prices.

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