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COPYRIGHT 2004 Asia Pulse Pty Ltd
SEOUL, Oct 29 Asia Pulse - An interest rate hike by China is likely to have a limited short-term impact on the South Korean economy which depends heavily on the neighboring country for its exports, analysts said Friday.
In a surprise move Thursday, China's central bank raised one-year lending and deposit rates by 0.27 percentage point for the first time in nine years in an effort to cool its economy.
Stock analysts said South Korea's exports, the main driver of the economy amid weak consumer spending,...
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