Coronavirus Latest News

Deep links to China’s growth help South Korea, Australia ‘odd couple’ weather coronavirus economic storm

South Korea and Australia are proving to be the odd couple of the global economy, managing to mitigate the impact of the coronavirus crisis thanks to deep links with China’s growth and key advantages unique to themselves.The duo’s connections are not obvious given that Korea is a manufacturing powerhouse with skilled labour as a key strength and Australia extracts vast resource wealth from a continent it has to itself.The common denominator is their exposure to China, which is the endpoint for…

Read the original article at South China Morning Post

Related Articles

Back to top button
Close