South Korea's Growth Slows as Virus Curbs Crimp Spending

The transcript discusses Korea's economic outlook amid COVID-19 and external factors. It highlights a muted economic forecast due to the pandemic's fourth wave, with expectations of recovery as vaccination rates rise. The Bank of Korea is likely to proceed with an interest rate hike despite growth concerns. China's economic slowdown poses risks to Korea's export-driven economy, but domestic consumption is expected to improve with government measures and high vaccination rates.

What was the expected economic growth rate for Korea in the fourth quarter?

• 5.0%

• 3.5%

• 2.8%

• 4.3%

What is the stance of the Bank of Korea's governor regarding interest rates?

• Neutral

• Hawkish

• Dovish

• Indifferent

How much of Korea's export value is attributed to China?

• 50%

• 75%

• 25%

• 10%

What is the forecasted GDP growth for China next year?

• 7.7%

• 5.5%

• 4%

• 6.5%

What percentage of Korea's adult population is fully vaccinated as of the past weekend?

• 60%

• 90%

• 70%

• 80%