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China's slowdown a 'healthy development'

Despite a continued slowdown in the Chinese economy, Jun Kwang-Woo, chief executive of South Korea's National Pension Service, believes it is an opportunity for a long-overdue rebalancing of its economy. He talks to the FT's Simon Mundy about the European debt crisis and South Korea's upcoming presidential election. Since this interview was filmed Ahn Cheol-soo, one of the main presidential candidates, has given up his bid to run in the election.