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S. Korea must step up reforms as many of its competitive edges have been 'eaten away' by China's rise: Expert

S. Korea must step up reforms as many of its competitive edges have been 'eaten away' by China's rise: Expert

CNBC4 days ago

William Pesek, author of Japanization: What the World Can Learn from Japan's Lost Decades and a long-time Asia watcher, says low approval ratings of both Japanese and Korean leaders mean that the two countries are likely to focus on domestic issues with limited political capital for cooperation on international affairs.

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