Economics
Risks From China, U.S. Drive South Korea to Diversify Markets
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South Korea will continue efforts to diversify its export markets as the U.S.-China trade war escalates, according to a key new member of President Moon Jae-in’s economic team.
The government will also take a "flexible" approach raising the nation’s minimum wage to Moon’s target of 10,000 won ($9) per hour, said Yoon Jong-won, new senior secretary to the president for economic affairs.