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Yonhap News Summary

All Headlines 13:43 August 31, 2016

The following is the first summary of major stories moved by Yonhap News Agency on Wednesday.

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(LEAD) S. Korea's vice foreign minister leaves for China, possibly to arrange summit

SEOUL -- A senior South Korean diplomat will leave for China on Wednesday, the foreign ministry said, raising expectations that Seoul is seeking to arrange a summit between the leaders of the two countries.

Lim Sung-nam, vice foreign minister, will be in Beijing until Thursday during which he will meet with his Chinese counterpart, Liu Zhenmin, according to the ministry. It, however, did not provide more information such as what they will discuss.

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(2nd LD) N. Korea executed vice premier in July: Seoul official

SEOUL -- North Korea has carried out the execution of a vice premier, a Seoul government official said Wednesday, as the North's leader moves to further strengthen his reign of terror.

The official said North Korea executed the 63-year-old Kim Yong-jin by firing squad last month after he was accused of showing a bad attitude when attending a key parliamentary meeting held in late June.

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Gov't vows to limit impact from Hanjin Shipping crisis

SEOUL -- South Korea's financial authorities on Wednesday assured the market that they will take timely measures against potential fallout from the crisis surrounding the nation's largest shipping line.

"(We) will cope comprehensively with the situation to prevent turmoil in the financial market," Jeong Eun-bo, vice chairman of the Financial Services Commission (FSC), said as he presided over an emergency meeting of related government agencies.

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S. Korea confirms 3rd cholera infection

CHANGWON, South Korea -- South Korea has confirmed an additional case of cholera, raising the number of people infected with the waterborne disease here to three, officials said Wednesday.

A 64-year-old man residing on the southern island of Geoje is presumed to have contracted the disease from eating seafood earlier this month, the South Gyeongsang Provincial Government said.

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(2nd LD) S. Korea's industrial output gains 1.6 pct on-yr in July

SEJONG -- South Korea's industrial output advanced for the third month in a row in July on a rise in chips and chemical production, a government report showed Wednesday.

Production in the mining, manufacturing, gas and electricity industries rose 1.6 percent last month from a year ago, according to the report by Statistics Korea.

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(News Focus) NK sanctions well-enforced, global alliance still critical for success: analysts

SEOUL -- The latest sanctions that the United Nations Security Council (UNSC) imposed on North Korea in March have been well-enforced in that they have made it harder for Pyongyang to acquire hard currency, which has put more pressure on the regime bent on missile and nuclear development, analysts said Wednesday.

They still cautioned that the real impact can only be determined in the longer term and that what is critical in making the sanctions a success will be the maintenance of a strong global alliance with China and other key international players.

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23 countries host N. Korean laborers: State Department report

WASHINGTON -- Nearly two dozen countries around the world host North Korean laborers that the communist regime is accused of forcing into harsh working conditions to earn hard currency for its nuclear and missile programs, a U.S. State Department report showed Tuesday.

The list of 23 countries, including China, Russia, Singapore and Thailand, was included in the department's recent report to Congress that details U.S. strategy to promote initiatives to enhance international awareness of and address the human rights situation in the North.

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