Empty shipyard and suicides as South Korea’s ‘Hyundai Town’ grapples with grim future

August 13, 2018 12:33 PM

ULSAN, South Korea (REUTERS) – When Lee Dong-hee came to Ulsan to work for Hyundai Heavy Industries five years ago, shipyards in the city known as Hyundai Town operated day and night and workers could make triple South Korea’s annual average salary.

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