SEOUL—South Korea’s economy expanded quarter-on-quarter, as Asian economies shake offSouth Korea, during the July-to-September period, reported its gross domestic product rose 1.9% from the previous quarter, aided by a strong recovery in the country’s exports of cars and memory chips. Asia’s fourth-largest economy,after two straight quarters of negative growth.
South Korea’s better-than-expected performance comes after China reported this month that its third-quarter GDP had expanded 4.9% from the prior year. Vietnam, which has kept cases low throughout the pandemic and never reported an economic dip, experienced 2.6% growth over last year’s third-quarter. Taiwan, another Covid-19 success, is expected to post year-over-year GDP expansion of 2.2% later this week after declines the previous quarter.
, dining at restaurants, watching musicals and marching into the office—albeit with a face mask. It contrasts with intensifying restrictions applied across Europe and record-level daily cases in the U.S., where businesses wonder how lockdowns and pandemic paranoia may dull commerce.during its third quarter, had slumped into its first recession in more than 15 years. The economy grew quarter-on-quarter. But on a yearly basis, the country’s GDP contracted at 1.
Hi. I see you wrote 'South Korea' but did you know that Koreans don't really like it when you specify 'South' when it's not totally necessary to what you're saying? It's a painful and unwelcome reminder of our divided country. Please consider this in the future. 감사합니다!
AMAZING what a TRUE National Leader can do when they are HONEST with their people. The President continues to fail badly, Joe WILL BE EXPECTED to find a way to achieve the same results as Jacinda Ardern has. With 62 Million Americans already voting, we expect positive RESULTS!
It is because of the national consensus and the leadership of the government.
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