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Roundup: S. Korea’s export falls for 11th month in August

SEOUL, Sept. 1 (Xinhua) — South Korea’s export fell for the 11th consecutive month due to soft global demand for locally-made products, especially semiconductors and oil products, government data showed Friday.

Export, which accounts for about half of the export-driven economy, shrank 8.4 percent from a year earlier to 51.87 billion U.S. dollars in August, continuing to slide since October last year, according