South Korea's President Moon Jae-in is meeting the heads of the country's 30 largest conglomerates today to formulate a strategy against export restrictions imposed by Japan, which has rejected a call for negotiations to resolve a row over their wartime past.
Concern is growing that the curbs will deal a serious blow to South Korea's economy, with banks, citing the dispute, lowering their forecast for the country's economic growth to below 2 per cent.
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