Why a deal with Kim Jong-un could blow up chaebol reform

Seoul’s efforts to reform its large family-owned conglomerates face challenges as the government taps their economic prowess as it seeks stronger ties with North Korea.

South Korea is facing a tricky balancing act as it weighs powerful diplomatic relationships against its domestic political goals.

The country was the centre of global attention last week as it entered into agreements with North Korea over progress on denuclearisation during a summit in Pyongyang.

Kim Jong-un, leader of the family-run socialist North, has pledged to close a missile launch site and allow international inspectors to confirm the closure.

South Korea is enjoying perhaps the best diplomatic relationship with the north since the Korean War broke out more than six decades ago. Since the beginning of the year, the two Koreans have already...

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