Does Korea economy go backwards greatly? 130 thousand person faces unemployment, enterprise again an

Recently, relation of north and south alleviates somewhat, gained revolutionary headway, this makes Korea government and people glad really, hold the front page of Chinese media for many times. However, korea president is grouchy, because the economy of this country is difficult, and active still apology. Accordingly, korea media points out, this and China have very big concern.

Does Korea economy go backwards greatly? 130 thousand person faces unemployment, enterprise again and again deficit! Han intermediary and China are concerned

1, unemployment rate reachs the top level that comes 8 years, gross domestic product is ranked 1.

The unemployment rate August reachs Korea 3.8% litres from July 4.2% , for the top level that comes 8 years, korea economy still suffers the worry of global banking crisis at that time. In fact, the unemployment rate of Korea and its bad economy performance is consistent. According to world bank the data August 16, the GDP of Korea is in 2017 dropped a position, rank world is dozenth.

Face economy low fan, korea president apologizes publicly before news media also, say to cash the minimum wage 2020 very hard for 10000 Han yuan. In fact, the economy of Korea and obtain employment dropped the degree of complete self-destruction. Below the setting that develops quickly in Chinese economy, many Korea enterprise is original and OK the rise of China of benefit from benefit from. However, because the mistake of Korea government is decision-making, korea enterprise annual encountered a lot of setbacks 2017 in Chinese investment, management income falls quickly.

Does Korea economy go backwards greatly? 130 thousand person faces unemployment, enterprise again and again deficit! Han intermediary and China are concerned

2, management profit of Sino-South Korean company drops considerably, travel industry balance of payments appears first deficit.

Besides be in China the biggest Korea investor the name of a river in Shaanxi and Henan provinces is special (Lotte) besides, include contemporary car (Hyundai. ) , group of American Pacific Ocean (AmericanPacificGroup) the friend with Alice (Alice Friends) inside a lot of Korea are advanced the business profit of the enterprise came to dropped in June from April 2017 30-60% . For example, contemporary car dropped compared to the same period to July from January 2017 in Chinese sales volume 45% , include to rise among them inferior. Case inferior be a group is possessory, the sale target that and had been reduced twice was in China 2017, dropped than 2016 30% .

China goes to Han tourist to drop quickly of the amount also is the main reason that Korea economy suffers blow. In the past, korea travel company travels through be in paste China welcomed catchword to earn a lot of money for Chinese tourist all round the tourist attraction. However, last year, china went to Han tourist amount to reduce an in part, compared to the same period acute is decreased 48.3% , cause Korea travel income only 13.32 billion dollar, drop compared to the same period 22.5% . Be worth what carry is, 2017 is Korea travel balance of payments deficit appears first since 2001 oneself, and the dimensions of adverse balance of trade reached record-breaking height.

Does Korea economy go backwards greatly? 130 thousand person faces unemployment, enterprise again and again deficit! Han intermediary and China are concerned

3, economy depends on plutocrat badly, catching up with Chinese snipe now.

In fact, the block up of investment and travel is Korea economy only " decline evidence " immediate cause. Its prime cause is developing mode to existing at Korea economy very big question. The economic progress of Korea relies on exit badly, exit takes this country 45% of GDP. Korea export trade basically masters in 4 big tycoons (SamSung, SK, LG, contemporary group) in the hand, but 4 big tycoons are facing intense competition on the international market, bring about world market share to drop ceaselessly.

Does Korea economy go backwards greatly? 130 thousand person faces unemployment, enterprise again and again deficit! Han intermediary and China are concerned

Without doubt, chinese enterprise is Korea economy progress " stumbling block " . It is with mobile phone market exemple, samSung front is facing the pursuit of brand of Chinese mobile phone. According to IDC mobile telephone of world of the 2nd quarter carried investigation 2018, samSung is 5 the home and photograph of the corresponding period was compared last year drop in the manufacturer of 10.4% exclusive, and China grew to part with millet 40.9% with 48.8% . Besides the mobile phone, the industry with main Korea, be like car, shipbuilding and iron and steel, also appeared to enjoy growth in world market share.

The development of industry of the high end in be being accelerated as Korea, chinese economic situation will be more grim. Hope Korea realises from inside present predicament, if China loses Korea, it won't the loss is too much. Contrary, korea economy will be immersed in severe decline. Korea should not forgo the tremendous progress opportunity that China offers.

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