I think there is a fear that with US tariff promised by Trump on China, China will start dumping their stuff even more in Korea.

The Chinese housing crisis hasn't spilled over much yet. It's s bit rough, smaller construction companies closed shop, but i don't feel it is China's doing. And people are back to speculating on the housing market. Have you heard of the Jeonse system, that would deserve a post in itself.

Biggest issue is the currency volatility I'd say. But that's just US offloading their inflation to the rest of the world.

I'm on my phone, too lazy to structure my thoughts.