A report appeared in the Financial Times on 18 January 2016, noted that the South Korean Finance
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Question:
- A report appeared in the Financial Times on 18 January 2016, noted that the South Korean Finance Minister had voiced confidence in China’s economic outlook,
- and had declared that “he endorsed Beijing’s predictions of a ‘soft landing,’ saying Seoul expected China’s economy to grow between 6 percent and 7 percent this year.”
- a. In your opinion, why was the South Korean Minister so concerned about China’s “soft landing?”
- b. Do you think that the rate of exchange of the Won/RMB is a factor in this “soft landing?”
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0078034640
7th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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