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Zaibatsu Executives' "Anti-Communist" Declaration Reflects Divisions in Korean Society

Jung Yong-jin, vice chairman of Shinsegae Group, a major South Korean distribution company, has repeatedly posted on Instagram denouncing communism, causing a stir in South Korean society. Innovative groups that place importance on relations with China and North Korea strongly oppose the move, while conservatives who value the alliance with the U.S. support it. This has once again highlighted the divisions in South Korean society, where conservatives and reformers are sharply opposed to each other.

Nihon Keizai Shimbun