Korean firms suffer US$2.5bn losses

Korean firms with investments in China have suffered an estimated US$2.Sbn in losses due to the
impact of Sars, The Korea Herald said. The figure was calculated from a survey of 125
Korean firms doing business in the country and undertaken by the Korea Trade-Investment
Promotion Agency.
Losses resulting from troubled factory operations accounted for
about 60 per cent of the total, with import-related problems accounting for the
remainder.