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The volume of Chinese investment in South Korea increased 44 times in five years
The volume of Chinese investment in the economy of South Korea has increased 44 times over the past five years, according to news agency RUSCOR.
The value of South Korean securities held by the Chinese increased to 20,8 trillion won (US $ 20,2 billion) at the end of 2013 year compared to 471,1 billion won at the end of 2008 year, the Financial Supervision Authority (FSS) reported. The Chinese imported an extra 2,5 trillion won in the first seven months of this year, raising the total to 23,3 trillion won, the FSS said,
Analysts say that South Korea has become one of the attractive areas for investment among emerging markets, despite the relatively low interest rates.