{"id":640949,"date":"2026-10-25T14:54:11","date_gmt":"2026-10-25T14:54:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/640949\/"},"modified":"2026-10-25T14:54:11","modified_gmt":"2026-10-25T14:54:11","slug":"lee-says-korea-emerging-as-global-economic-leader-on-record-current-account-surplus","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/640949\/","title":{"rendered":"Lee says Korea emerging as global economic leader on record current account surplus"},"content":{"rendered":"<p><img src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/10\/011815ac-4ee9-4ea4-90d5-0b30a99e6e25.jpg\" style=\"height: auto; aspect-ratio: 1920 \/ 1292; width: 100%\" alt=\"President Lee Jae Myung speaks during a meeting on regulatory reform at Cheong Wa Dae in Seoul, Friday. Joint Press Corps\" decoding=\"async\" loading=\"eager\" fetchpriority=\"high\"\/><\/p>\n<p>President Lee Jae Myung speaks during a meeting on regulatory reform at Cheong Wa Dae in Seoul, Friday. Joint Press Corps<\/p>\n<p class=\"editor-p\">President Lee Jae Myung said Sunday that Korea has emerged as a leading player in the global economy, citing that the country posted the world&#8217;s second-largest current account surplus among major economies in the second quarter.<\/p>\n<p class=\"editor-p\">The country&#8217;s current account surplus reached $116.63 billion in the April-June period, trailing only China&#8217;s $193.72 billion, according to International Monetary Fund (IMF) data available on the Bank of Korea&#8217;s Economic Statistics System.<\/p>\n<p class=\"editor-p\">&#8220;The Republic of Korea is now moving beyond being a country that follows advanced economies to become a leading nation shaping the global economic landscape,&#8221; Lee wrote in a social media post, referring to Korea by its official name.<\/p>\n<p class=\"editor-p\">Lee noted that  Korea&#8217;s current account surplus exceeded the combined surpluses of Germany and Japan.<\/p>\n<p class=\"editor-p\">He also highlighted the achievements of Korean companies in global markets, particularly in semiconductors, a key industry in the age of artificial intelligence (AI).<\/p>\n<p class=\"editor-p\">Lee called for the country to capitalize on these achievements to strengthen its industrial competitiveness and raise its potential growth rates.<\/p>\n","protected":false},"excerpt":{"rendered":"President Lee Jae Myung speaks during a meeting on regulatory reform at Cheong Wa Dae in Seoul, Friday.&hellip;\n","protected":false},"author":2,"featured_media":640950,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-640949","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/640949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=640949"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/640949\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/640950"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=640949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=640949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=640949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}