South Korea’s international trade growth slowed to 7.6% on a year earlier in November from 8.9% in the prior three months. That was down to a drop in export growth to 4.5% on the back of lower consumer electronics sales. Exports of mobile phones slumped by 44.0%, part of a global trend of lower phone shipments. Televisions and home appliances also continued to decline. Semiconductor growth also slowed to 11.6% and was was the weakest rate of expansion in over two years. Sales to China actually fell by 2.5%. They may fall further if Chinese manufacturers see a reduced urgency to export to...
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