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  • Protests have returned to the streets of Seoul.

  • It is just three years on from the massive candlelight

  • revolution which led to the downfall and imprisonment

  • of former President Park.

  • And now, the current leader Moon Jae-in

  • has found himself in the biggest political fight

  • of his presidency.

  • The controversial pick of the man

  • he wanted to be justice minister backfired and caused outrage

  • among opposition groups, as the minister's own family became

  • embroiled in the corruption scandal.

  • The export dependent economy in South Korea

  • is now facing rising headwinds from

  • the global economic slowdown and a longer than expected downturn

  • for the country's critical computer chip makers.

  • The US-China trade war and a simmering dispute

  • between Seoul and Tokyo is adding further pressure,

  • forcing the Bank of Korea to cut interest rates to record lows,

  • and prompting the government to push

  • for the biggest fiscal stimulus since the financial crisis.

  • Mr Moon's hallmark policy of seeking engagement

  • with the North Korean dictator Kim Jong Un

  • in a bid to bring about peace on the Korean peninsula

  • has also hit roadblocks, with the North Koreans returning

  • to regular weapons tests and talks over denuclearisation,

  • once again looking like they are in a deadlock.

  • With the South Korean president's approval ratings

  • plunging to record lows and elections

  • in the parliament looming in April 2020,

  • fears are rising from some quarters

  • that Mr Moon could become a lame duck president,

  • and his ability to continue to push for engagement with North

  • Korea might, too, become dead in the water.

Protests have returned to the streets of Seoul.

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韓國文在寅為何面臨其總統任期內最大的鬥爭? (Why South Korea's Moon Jae-in faces the biggest fight of his presidency | FT)

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    林宜悉 發佈於 2021 年 01 月 14 日
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