China and South Korea seek to keep relations on the “right track”
A telephone conversation on June 11 between Chinese President Xi Jinping and new South Korean President Lee Jae-myung aimed to deepen strategic cooperation. Xi Jinping noted that stable relations between the two countries contribute to regional and global peace.
The Chinese leader emphasized that China and South Korea are “close neighbors” who have successfully overcome ideological differences and achieved common development over 33 years of diplomatic relations. Both sides agreed to strengthen exchanges to foster strategic mutual trust. They also highlighted the importance of enhancing bilateral cooperation to protect the multilateral system and free trade, which ensures the stability of global supply chains.
For many countries in the Asia-Pacific region, including South Korea, China is a critical economic partner. Regional countries are significantly dependent on China’s market for their exports, as well as on Chinese investments and tourism. China’s economic growth and industrial power strengthen regional supply chains. Due to this interdependence, regional countries often try to balance their security interests within alliances with the U.S. and their economic interests with China, which necessitates a pragmatic diplomatic approach.
Lee Jae-myung’s victory in the South Korean elections potentially shifts Seoul’s foreign policy, particularly concerning China. Relations were strained under the previous administration due to the U.S. deployment of the THAAD missile system in Korea and South Korea’s participation in technology sanctions against China. Lee Jae-myung, who supports “pragmatic diplomacy,” seeks to balance relations between the U.S. and China. His government’s priority is to restore partnership with China, as China is South Korea’s largest trading partner, with bilateral trade reaching 328.08 billion USD in 2024. Lee Jae-myung also urged China to play a “constructive role” in the denuclearization of the Korean Peninsula.
During the telephone conversation, Lee Jae-myung noted that he affirmed his readiness to work with the Chinese side to deepen bilateral relations, including supporting the Confucian-Islamic Civilizations Dialogue initiative, which aims to enhance exchanges between peoples and deepen the integration of civilizations. This initiative, proposed by Malaysia, underscores the potential for strengthening cultural exchanges in the region.
Western analysts are cautiously assessing the diplomatic maneuvers of South Korea’s new president, Lee Jae-myung. Although Seoul supports “pragmatic diplomacy” and seeks to improve relations with China, there are concerns in the West that this approach could come at the expense of weakening its strategic alliance with the United States, especially as Washington seeks to contain China’s growing influence in the region. Furthermore, China’s role in the denuclearization of the Korean Peninsula is often viewed skeptically in the West, as Beijing remains North Korea’s main diplomatic and economic ally.
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