How to Use chaebol in a Sentence

chaebol

noun

• Yet Park, too, saw the magnitude of the task and took the easy route: asking the chaebol to help Seoul hasten growth.
  — William Pesek, Forbes, 15 June 2021
• The lack of external limits on the power of those leading the chaebols has meant that abuse often goes unchecked.
  — Jake Kwon and Julia Hollingsworth, CNN, 16 July 2019
• Previous presidents, such as Kim Dae-jung in the 1990s, tried to break the chaebol system.
  — The Christian Science Monitor, 9 May 2017
• The appointment is in keeping with President Moon Jae-in’s pledges to reform the chaebol.
  — Youkyung Lee, The Seattle Times, 17 May 2017
• South Korea’s chaebol were showered with cheap credit and tax breaks.
  — The Economist, 5 Dec. 2019
• Read more here about South Korea’s effort to reform chaebol.
  — Sohee Kim, Bloomberg.com, 13 Feb. 2018
• Lee’s sentence, while less severe than the 12-year jail term prosecutors sought, was one of the harshest sentences for a chaebol leader.
  — Sohee Kim, Bloomberg.com, 1 Nov. 2017
• SK Group, a chaebol best known for its semiconductors and telecoms businesses, took a big step into the hot area of crypto.
  — Ralph Jennings, Forbes, 7 Dec. 2021
• Not for the first time, a new president has won election promising an overhaul of corporate giants like Samsung and Hyundai—the chaebols.
  — Jacky Wong, WSJ, 10 May 2017
• Park’s successor, Moon Jae-in, made chaebol reform a central plank of his election campaign.
  — Heejin Kim, Bloomberg.com, 21 Mar. 2019
• South Koreans covet jobs at chaebol companies, which are among the most lucrative in the country.
  — Choe Sang-Hun, New York Times, 13 Apr. 2018
• Moon Jae-in, the country’s leader since May 2017, has vowed to loosen the cozy relationship between South Korea’s business empires—known as chaebols—and government.
  — Eun-Young Jeong, WSJ, 5 Oct. 2018
• And if the economy slows, lawmakers may fear that constraining the chaebol would further endanger growth.
  — Michael Holtz, The Christian Science Monitor, 10 May 2017
• Investors have bid up Samsung shares and those of other chaebols taking similar measures.
  — The Editorial Board, WSJ, 27 Aug. 2017
• Stiff regulation and rigid chaebol supply chains are cages that stifle unicorns.
  — Shuli Ren | Bloomberg, Washington Post, 6 Nov. 2019
• The vast majority of people on the minimum wage work at smaller businesses, not chaebol.
  — The Economist, 12 Oct. 2017
• The entitled chaebol does not actually care about anyone else or even assign much value to human life.
  — Joan MacDonald, Forbes, 14 Feb. 2024
• Mr Kim’s downfall is the latest setback for President Moon Jae-in’s ambitious chaebol reforms.
  — The Economist, 26 Apr. 2018
• And other chaebol chiefs have been found guilty of criminal wrongdoing — only to be let off with light sentences and allowed to return to running their businesses.
  — Jake Kwon, CNN, 20 Jan. 2021
• Over the decades, numerous chaebol executives have been paraded into courts on bribery and other charges.
  — Choe Sang-Hun and Raymond Zhong, New York Times, 5 Feb. 2018
• Delivering on campaign promises to reform the chaebol and create jobs for young people will be difficult.
  — Jiyeun Lee, Bloomberg.com, 23 May 2017
• In South Korea, establishing chaebols was viewed as a way to fast-track the country’s economic development.
  — Washington Post, 30 Aug. 2019
• Compared to reforming the chaebol, policies to help lower-income workers are easier sells for the government.
  — Bloomberg.com, 5 Feb. 2018
• At least six of the nation’s top 10 chaebol, which generate revenue equivalent to more than 80 percent of gross domestic product, are led by men once convicted of white-collar crimes.
  — Choe Sang-Hun, New York Times, 16 Feb. 2017
• Yet the notorious Korea discount, which stems from investors’ wariness about chaebol, hasn’t narrowed.
  — Washington Post, 16 Sep. 2019
• Moon also calls for stronger punishment for white-collar crimes committed by chaebol owners and government officials who take bribes from them.
  — Washington Post, 9 May 2017
• Moon Jae-in, South Korea’s left-wing president, who had kept his distance from its biggest chaebol (conglomerate) for its role in the scandal that brought down his predecessor, was quick to mend relations.
  — The Economist, 5 Sep. 2019
• Prosecutors have indeed harried the chaebol under Mr Moon.
  — The Economist, 22 June 2019
• Booms in finance and technology can concentrate wealth in a few hands, such as South Korea’s chaebol chipmakers or Hong Kong’s property tycoons.
  — The Economist, 5 Dec. 2019
• For example, Lotte, now Korea’s fifth-largest chaebol, was founded by an unemployed graduate.
  — Radu Magdin, Forbes, 12 July 2022

Last Updated: 26 Sep 2024