Full recovery: A worker inspects container shipments at the Port of Busan. South Korea is expected to revise its 2.1% growth projection upward as early as May. — Bloomberg
SOUTH Korea’s economy expanded at a much faster pace than expected in the first quarter of this year, offering relief to those concerned about the severe slump experienced last year persisting for an extended period.
This news is especially welcome for a country still grappling with domestic instability and uncertain global geopolitics.
