Seoul seeks to expand trade and investment with Beijing, but with new markets come new risks
As South Korea seeks to balance its economic interests with China and its security alliance with the U.S., the bilateral meetings held on the sidelines of the trilateral ROK-Japan-China summit highlight the potential risks and opportunities associated with deepening ties with Beijing.
The resumption of the ROK-China Free Trade Agreement (FTA) Phase 2 negotiations and the revival of the ROK-China Investment Cooperation Committee demonstrate Seoul’s desire to expand economic collaboration with its largest trading partner.
As South Korea seeks to balance its economic interests with China and its security alliance with the U.S., the bilateral meetings held on the sidelines of the trilateral ROK-Japan-China summit highlight the potential risks and opportunities associated with deepening ties with Beijing.
The resumption of the ROK-China Free Trade Agreement (FTA) Phase 2 negotiations and the revival of the ROK-China Investment Cooperation Committee demonstrate Seoul’s desire to expand economic collaboration with its largest trading partner.
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