South Korea s economic growth rate hit a 10 year low in 2019, is it related to the trade dispute bet

South Korea's economic growth rate in 2019 hit a 10-year low, and it is indeed inseparable from the dispute between Japan and South Korea.

South Korea's economic problems have been around for a long time, but they have been particularly acute recently. Japan continues to impose economic sanctions on South Korea, South Korea's raw material import channels have been hit, and local raw materials continue to be in short supply. It gradually translated into internal contradictions, and in terms of crime rate, it was compared to the previous terms of office.

The full fermentation of internal contradictions has gradually affected the development of the South Korean economy. The continued downturn in South Korea's economy has also led to a continuous decline in South Korea's approval rating of Moon Jae-in. At present, the term of office of South Korean ** Moon is more than half, and because of this economic problem in South Korea, he is also considered by many South Korean people to be the worst Korean ** in recent years.

The direct cause of the dispute between Japan and South Korea was an arbitration case in a South Korean court last year. Nippon Steel, Japan's largest steelmaker, forcibly requisitioned South Korean laborers during World War II, and the court ordered it to pay $10,000 in compensation to each of the surviving victims and confiscate Nippon Steel's stake in a South Korean company. At the same time, South Korean courts are suing Mitsubishi and dozens of other Japanese companies, and the next step is to prepare to confiscate Mitsubishi's assets.

In the view of the Japanese side, South Korea is confiscating the assets of other countries' enterprises for no reason, Japanese Prime Minister Shinzo warned South Korea that if South Korea has to implement the ruling in this way, Japan will take retaliatory action, South Korea ** Moon said that he would not give in, so the Japanese side issued an order to restrict the export of materials to South Korea, which was known to the South Korean people, so they began to boycott Japanese goods, and then the two sides also collapsed during the peace talks, and the conflict began to escalate further. By 2020, Japan's ** restriction order on South Korea has not been lifted, and the three restricted materials are all necessities for products produced in South Korea, so South Korea's economy will continue to decline.

South Korea's economic growth rate in 2019 hit a ten-year low, which is related to the disputes between Japan and South Korea, and the national economic growth level is relatively slow, and the disputes between the two countries will have some impact on the economic level of the people.

Relate. The weakening of the world economy and international economic and trade frictions have led to a setback in exports, which is one of the important reasons for the sluggish economy of South Korea. In 2019, South Korea's monthly exports continued to decline year-on-year.

In 2019, economic growth led by exports of goods and services fell sharply from the previous year, central bank data showed.

A considerable part of it is because of the dispute between Japan and South Korea, which has led to the continuous decline of South Korea's economy, and on the other hand, because of the intervention of the United States.

It is mainly due to the impact of the global economic downturn, coupled with the lack of active cooperation with the world, especially with China, which has led to its slow economic development.

In 2019, it is very difficult for South Korea's economic growth rate to surpass, and there are many reasons, such as due to the slowdown of the global economy, South Korea's foreign slowdown, and the war between South Korea and Japan, etc., which makes it very difficult for South Korea's economic growth to surpass.

South Korea is still very self-aware, and they have also been the first to go about the economy. As recently as March 24, 2019, South Korea analyzed South Korea's economy. Due to factors such as the rapid decline of semiconductors, the slowdown of the global economy and the decline of the global environment, South Korea's export growth will also slow down significantly in 2019.

South Korea's economy is very dependent on exports, which also shows how hard it has hit South Korea.

For South Korea, foreign affairs are quite important to South Korea's economy. Once the external ** slows down significantly, the production of a large number of South Korean enterprises will be affected, business investment will weaken, employment and wages will be affectedConsumption will also decline, so it is normal for the economy to decline。Moreover, there was also the deterioration of relations between Japan and South Korea some time agoThere has also been a ** war between Japan and South KoreaIt is not painful for Japan, but it is very uncomfortable for South Korea.

Without the lack of Japanese goods, it will be even more difficult for South Korea's economic growth to increase.

It is very difficult for South Korea's economic growth rate in 2019 to exceed it, and it is basically impossible to achieve it. There are many reasons, South Korea's dependence on foreign countries is serious, but in 2019, it will decline in foreign countries, and there is a war between Japan and South Korea, which makes it very difficult for South Korea's economic growth rate to surpass.

It's obvious!

It is now the end of 2019, firstly, because South Korea does not have much policy to improve the national economy, and secondly, affected by the global economic downturn and the Sino-US war in 2019, it is difficult for South Korea, a dependent country, to meet the needs of its own economic development independently, so it is difficult to rely on its own domestic demand to drive economic growth! Third, due to some of the influence of South Korea's previous attitude towards China, the sales of Korean goods have declined, and the tourism industry has been sluggish due to the lack of Chinese tourists, which has dealt a certain blow to the South Korean economy!

As a result, South Korea's economic growth will certainly be lower than in 2018. However, the current Sino-US negotiations are currently quite smooth, and as time goes by, once Sino-US relations warm up again and South Korea gradually keeps a low profile towards China, South Korea's economy will gradually recover!

In addition, due to the blockade of Huawei by the United States, South Korea's Samsung has benefited from the signing of a large semiconductor order in cooperation with Huawei, which can be regarded as a great boost to the South Korean economy in the future, and it will also be a good sign that Korean companies will begin to vigorously cooperate with Chinese companies in more fields!

There are many reasons, mainly the global economic downturn coupled with the Sino-US war, South Korea and Japan have another war, which has had a great impact on the economies of various countries. Hope to adopt, thank you!!

Because South Korea is a small country and is very dependent on imports and exports. South Korea is very resource-scarce, and a large number of industrial raw materials need to be imported from countries around the world. On the other hand, South Korea's own consumer market is relatively small, so it produces a large number of products that are exported to the world.

Therefore, the Korean economy has very obvious import and export characteristics. If there is a certain downward pressure on the world economy, especially the world, the South Korean economy is often the first to react. In 2019, the Sino-US war has entered a white-hot one, China and the United States have entered a tariff war, coupled with Brexit, and the global economy is in a recession.

In July, Japan suddenly attacked and imposed ** sanctions on South Korea. It has caused a lot of trouble for semiconductors, a pillar industry in South Korea. 2019 is destined to be a difficult year for the Korean economy, from the expected value at the beginning of the year, to April 18, and then to the downward revision of the economic growth rate in July.

South Korea's real GDP growth in the first quarter was negative quarter-on-quarter compared to the same period last year), the worst performance since the third quarter of 2009. South Korea's gross domestic product (GDP) is tentatively estimated to have grown quarter-on-quarter and year-on-year in the second quarter of 2019, the highest quarter-on-quarter increase in seven months. According to the central bank's analysis, this is mainly due to the base effect caused by negative growth in the first quarter.

In terms of the contribution rate of each entity to economic growth, the private sector dropped from one percentage point in the first quarter to one percentage point in the second quarter. Conversely, ** has risen from one percentage point. This is mainly due to the fact that most of the financial allocations in the first quarter were distributed to various localities in the second quarter.

South Korea's economy has not taken much of a turnaround.

South Korea is a seriously deformed country, completely under the military control of the United States, and is not strictly an independent country. Moreover, the economy is completely dependent on several large conglomerates such as Samsung, and this year's electronics industry has been affected by the rise of China and Japanese sanctions, and there has been a significant decline. So economic stagnation is well understood.

South Korea's economic strength is still there, Samsung, Hyundai, Daewoo can still fight.

The expansion of the dispute will inevitably aggravate South Korea's economic problems

There will be some impact, but the expansion of the dispute between Japan and South Korea is not the main reason for the aggravation of South Korea's economic problems, it can only be regarded as adding firewood to the fire, and the American father has a greater impact on him.

Yes, it will definitely affect the economic problem, and it will be an unavoidable problem.

It's possible, but the ** battle is originally on both sides. Just because South Korea's economy is small, it may be more affected by Japan.

It will definitely aggravate the Korean letter.