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A company town turns rust belt in South Korea

Monday, August 13, 2018 - 02:00

Once the heart of South Korea's post-war industrial transformation, Ulsan, also known as 'Hyundai Town,' is now reeling from Chinese competition, rising labor costs and its over-reliance on Hyundai. Grace Lee reports.

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Once the heart of South Korea's post-war industrial transformation, Ulsan, also known as 'Hyundai Town,' is now reeling from Chinese competition, rising labor costs and its over-reliance on Hyundai. Grace Lee reports.

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A company town turns rust belt in South Korea

Monday, August 13, 2018 - 02:00