The average operating rate of the manufacturing industry came down below 70 percents in the fourth quarter. The economic growth rate shrunk 3.4 percents compared to the same period last year. It is the first negative growth since 1998 immediately after the economic crisis and the object-economy is danger of declining.
Due to the global depression, the main demand industries of the Korea Machine Tool Industry have slowed down since the fourth quarter of last year. Orders and production have dropped together because of ‘National Consumption-Decrease’ and ‘Export-Slowdown.’.....
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