Part 4/7:
Labor strikes, including those from railway workers, threaten to disrupt public transportation and possibly deter tourism. Travelers, including Chinese tourists weighing their decision to visit Korea, are reconsidering their plans amidst fears of civil disturbances and strikes that could hamper their holiday experiences.
Investment Opportunities Amidst Challenges
The current landscape may also harbor potential investment opportunities. While the Korean market presents challenges, for long-term investors, the exceptionally low valuations now presented in the South Korean market may warrant further examination. Currently trading at around eight times forward earnings, the market is seen as undervalued compared to the MSCI Asia-Pacific benchmark.