Photo : YONHAP News Anchor: South Korea’s economy shrank by one percent last year, logging the first contraction since 1998 amid the COVID-19 pandemic. The figure is still higher than the Bank of Korea s initial forecast with the South Korean government assessing it fared relatively well among members of the Organization for Economic Cooperation and Development(OECD).
Our Bae Joo-yon has more.
Report: The Bank of Korea(BOK) said Tuesday that the country s gross domestic product(GDP) shrank one percent in 2020 from a year earlier.
It marks the first on-year contraction and the worst growth since 1998 when the GDP shrank five-point-one percent amid the Asian financial crisis.
Xi says China supports diplomacy with North Korea during phone talks with Moon
Posted : 2021-01-26 21:49
Updated : 2021-01-27 17:58
President Moon Jae-in and Chinese President Xi Jinping agreed on more high-level visits and people-to-people exchanges during their phone conversation, Tuesday. Xi showed support for inter-Korean dialogue as well as denuclearization talks between the U.S. and North Korea. Yonhap
By Do Je-hae
Chinese President Xi Jinping underlined his support for dialogue between the two Koreas as well as denuclearization talks between the U.S. and North Korea during a phone call late Tuesday with President Moon Jae-in, according to the presidential office.
Xi says China supports diplomacy with North Korea during phone talks with Moon
Posted : 2021-01-26 21:49
Updated : 2021-01-27 17:58
President Moon Jae-in and Chinese President Xi Jinping agreed on more high-level visits and people-to-people exchanges during their phone conversation, Tuesday. Xi showed support for inter-Korean dialogue as well as denuclearization talks between the U.S. and North Korea. Yonhap
By Do Je-hae
Chinese President Xi Jinping underlined his support for dialogue between the two Koreas as well as denuclearization talks between the U.S. and North Korea during a phone call late Tuesday with President Moon Jae-in, according to the presidential office.
S Korea-U S alliance is a lynchpin of Indo-Pacific, says Sullivan : The DONG-A ILBO donga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from donga.com Daily Mail and Mail on Sunday newspapers.