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22nd Jan 2024 12:44China+, Daily Monitor

  • Korean 20-day exports fell in January, defying our expectation for a continued rise.
  • But this is likely a blip; exports to the US slowed sharply, despite still-strong consumption there.
  • A surge in AI-related chip demand is likely to drive a gradual recovery in Korean exports this year.

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Keywords for: 23 January 2024 China+ Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence