China beats USA as Korea's largest export market

SOUTH KOREA - China has surpassed the United States in terms of its share of South Korea's export market in the first nine months of this year, the Bank of Korea said Wednesday.

China's share of imports from Korea increased 1.9 percentage points from January to September to 20.3 per cent, which is slightly higher than the US's share of 20.2 per cent, Yonhap news agency reported.

It marks the first time China has overtaken the US in terms of its share of Korea's exports market, the central bank