China cautions S. Korea against politicizing economic issues in meeting of top diplomats

Posted on : 2023-11-27 17:05 KST Modified on : 2023-11-27 17:19 KST
The remarks by Wang Yi appeared to be a rebuttal to the Yoon Suk-yeol administration’s perceived pro-US bias
Foreign Minister Park Jin of South Korea (right) points Foreign Minister Wang Yi of China to his seat for their talks on Nov. 26 in Busan. (Kim Jung-hyo/The Hankyoreh)
Foreign Minister Park Jin of South Korea (right) points Foreign Minister Wang Yi of China to his seat for their talks on Nov. 26 in Busan. (Kim Jung-hyo/The Hankyoreh)

During a meeting with his South Korean counterpart on Sunday, China’s top diplomat emphasized the need to “resist the politicization of economic issues,” in an apparent reference to the United States.

Foreign Minister Wang Yi of China, in Busan for a meeting between the foreign ministers of South Korea, China, and Japan, met with South Korea’s Foreign Minister Park Jin that morning. There he urged the two countries to “jointly resist the tendency of politicizing economic issues, instrumentalizing science and technology issues, and securitizing trade issues.” He also stressed the necessity of maintaining “a stable and smooth production and supply chain to foster greater trade development between the two nations.”

Wang appeared to be referencing the economic and trade sanctions imposed by the US and its allies on China aimed at restructuring supply chains. The US government has imposed strict controls on semiconductor manufacturing equipment and advanced semiconductor exports to China, which it put in place to prevent the transfer of key technologies like semiconductors and artificial intelligence, ostensibly to protect the US chip industry and for security reasons. This move by Wang is interpreted as a rebuttal to the Yoon Suk-yeol administration’s perceived pro-US bias.

Furthermore, Wang pointed out that China and South Korea have become “highly integrated partners” in terms of interests and production and supply chains, adding that “China, with its complete industrial system and vast market, will open itself up more and continuously provide new opportunities for mutual benefit and cooperation between China and South Korea.”

In response, Park, as reported by the Chinese Foreign Ministry, conveyed South Korea's desire to “strengthen dialogue and communication with China, deepen economic and trade cooperation, maintain supply chain stability, and promote people-to-people and cultural exchanges, all contributing to the ongoing development of the strategic cooperative partnership between the two countries.”

On the subject of the anticipated South Korea-China-Japan summit, Park expressed hope that the meeting between the countries’ foreign ministers will yield “positive results and deepen cooperation between the three countries.” Wang reciprocated by noting that China “supports South Korea in hosting the meeting between the foreign ministers of South Korea, China and Japan and is willing to work with South Korea and Japan to revamp and restart trilateral cooperation.”

Addressing North Korea’s recent satellite launch, Wang reiterated China's longstanding position that it has “always played a constructive role in easing the situation on the Korean Peninsula and will continue to do so in the future.” This statement aligns with the earlier remarks made by Mao Ning, the spokesperson for the Chinese Foreign Ministry, who said, “[The] history and crux of the Korean Peninsula issues are clear. China is not the focal point of the issues. It is the US that holds the key to resolving them.”

By Choi Hyun-june, Beijing correspondent

Please direct questions or comments to [english@hani.co.kr]

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