A private think tank says that a possible drop in China's economic growth would bring down South Korea's growth as well.
 
The Hyundai Research Institute said in a report on Sunday that if China’s economic growth decreases by one percentage point, it will drag down South Korea’s growth by half of a percentage point.
 
Furthermore, the Institute added that if China’s economic growth drops by one percentage point, it would also lower Singapore’s economic growth by seven tenths of a percentage point and Indonesia’s by six tenths of a percentage point.
 
However, the economic growth of the United States was expected to decrease by a mere one tenth of a percentage point. The figure for Japan was two tenths of a percentage point.
 
The institute viewed that South Korea’s economy is significantly affected by China’s economic growth as it has high exposure to the Chinese economy.