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The Asian "Optical Illusion"

You wouldn't know it from the performance of the underlying ETF, which is up 50 percent-plus for the year, but the South Korean economy is still suffering from its heavy export dependence to the U.S. Exports fell by 20.6 percent in August and are down 32 percent for the year, which is why the Asian Development Bank has forecast a 2 percent contraction of the Korean economy this year. Plus, one U.S. company that stands to make a mountain of money from its new permission from Korean regulators to set up shop in Korea.
Length: 03:16


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