Founder of Daewoo business group dies

Updated December 10 2019 - 4:48pm, first published 4:45pm
Kim Woo-choong Daewoo Corp grew into South Korea's second-largest business empire before collapsing.
Kim Woo-choong Daewoo Corp grew into South Korea's second-largest business empire before collapsing.

Kim Woo-choong, founder of the now-collapsed Daewoo business group whose rise and fall symbolised South Korea's much turbulent rapid economic growth in the 1970s, has died aged 83.

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