Asia

China ‘supplementing’ South Korean industrial development model as tech sectors catch up


The chaebol, which include the likes of Samsung, Hyundai, LG and SK, still play an oversized role in driving the Korean economy, with their combined assets accounting for nearly half of the country’s gross domestic product. Photo: AP

The chaebol, which include the likes of Samsung, Hyundai, LG and SK, still play an oversized role in driving the Korean economy, with their combined assets accounting for nearly half of the country’s gross domestic product. Photo: AP



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