Growth rate … More Korea lost – Chosunbiz

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South Korea's second-quarter growth rate of 0.7% … Investment in facilities -6.6% Worse in 27 months
Trump expected to reach growth rate highest in Japan

In recent years, the US and Japanese economies have become more resilient to growth as companies have increased their investment.

The Bank of Korea (BOK) announced yesterday that its gross domestic product (GDP) had increased 0.7% in the second quarter (April to June) compared to the previous quarter. The annual growth rate was 2.9%. In the first quarter (January to March), growth slowed compared to 1.0% growth in the previous quarter. The main reason for the slowdown in growth was the sharp drop in investment. In the second quarter, investment in facilities was down 6.6% from the previous quarter, the worst in two years and three months since the first quarter of 2016 (-7.1%). Investments in equipment such as semiconductors and LCDs (liquid crystal displays) have declined and investments in transport equipment such as aircraft have decreased. The investment in construction was -1.3%.

On the other hand, the growth rate accelerates in major countries like the United States and Japan as business investment is revived. The United States is expected to post a "4%" figure for the year before the announcement of the second quarter growth rate on December 27th. US President Donald Trump said on the 24th: "America is doing well, the biggest economic figures on the planet". Fox News reported that Trump told his badistants that GDP is expected to grow by 4.8%. We estimate that the US economy will grow at a rate of 1.8% rather than overheating. The 4% growth is the highest in three years and nine months after the announcement of an annual growth rate (5.2%) in 3Q 2014. If the US economy reaches 19 trillion Runei's growth rate of 5%, it's just that Indonesia (a trillion dollars) is an additional saving. The US economy has flinched thanks to Trump's tax cuts and fiscal stimulus policies. The United States lowered its corporate tax rate this year from 35% to 21%. The main prospect is that the US growth rate is expected to grow from 2.8% to 2.9% this year compared to 2.3% last year.

Japan, which recorded negative growth (-0.2%) in the first quarter, is growing. Growth in the second quarter is expected to increase to 0.4%, which is expected to increase by 1.1% this year. It is also higher than the potential growth rate (0.8%). In Japan, corporate profits have increased due to the planned expansion by Avenomics, and as the job market continues to grow, investment in automation facilities using the. artificial intelligence, robots,

Yoon Chang-hyun, professor at the Seoul University, said: "The total investment in R & D expenditure this year was 12.489 billion yen ( about 126.1616 billion won) "There is an urgent need for a policy to reverse this."