Zürcher Nachrichten - S. Korean president heads to China, hoping to sidestep Taiwan tensions

EUR -
AED 4.289195
AFN 76.49547
ALL 92.504383
AMD 425.491998
ANG 2.090331
AOA 1070.986466
ARS 1751.301305
AUD 1.629392
AWG 2.103723
AZN 1.981945
BAM 1.954769
BBD 2.355728
BDT 142.924624
BGN 1.981227
BHD 0.440983
BIF 3480.813301
BMD 1.167924
BND 1.484181
BOB 13.508876
BRL 6.001607
BSD 1.169623
BTN 111.933281
BWP 15.672339
BYN 3.49899
BYR 22891.311552
BZD 2.35233
CAD 1.612506
CDF 2657.026847
CHF 0.934766
CLF 0.027339
CLP 1075.996753
CNY 7.84991
CNH 7.8529
COP 3557.473325
CRC 532.237536
CUC 1.167924
CUP 30.949988
CVE 110.211123
CZK 24.118214
DJF 208.2764
DKK 7.475111
DOP 68.527674
DZD 155.27669
EGP 59.339651
ERN 17.518861
ETB 189.165266
FJD 2.559621
FKP 0.856135
GBP 0.856146
GEL 3.042421
GGP 0.856135
GHS 13.011138
GIP 0.856135
GMD 85.843416
GNF 10276.976087
GTQ 8.925637
GYD 244.690955
HKD 9.154545
HNL 31.366204
HRK 7.53463
HTG 153.017163
HUF 362.308701
IDR 20672.956595
ILS 3.492564
IMP 0.856135
INR 111.766128
IQD 1532.211619
IRR 1605428.411257
ISK 141.610492
JEP 0.856135
JMD 185.628461
JOD 0.82803
JPY 185.551013
KES 151.082722
KGS 102.1354
KHR 4721.752408
KMF 492.863972
KPW 1051.131996
KRW 1611.525196
KWD 0.36027
KYD 0.974698
KZT 538.50675
LAK 26345.444269
LBP 104744.395562
LKR 385.041772
LRD 212.286224
LSL 18.755431
LTL 3.448576
LVL 0.706466
LYD 7.433303
MAD 10.802203
MDL 20.135157
MGA 5001.554983
MKD 61.528638
MMK 2452.419638
MNT 4199.596221
MOP 9.44484
MRU 46.607017
MUR 54.506751
MVR 18.044368
MWK 2028.099878
MXN 19.780543
MYR 4.719593
MZN 74.606379
NAD 18.755431
NGN 1575.354257
NIO 43.039697
NOK 10.869962
NPR 179.096515
NZD 1.954182
OMR 0.449083
PAB 1.169583
PEN 3.921132
PGK 5.183466
PHP 72.094201
PKR 324.541158
PLN 4.314201
PYG 7045.495475
QAR 4.251921
RON 5.254019
RSD 117.301608
RUB 96.587776
RWF 1723.450111
SAR 4.391734
SBD 9.381067
SCR 16.211981
SDG 702.505847
SEK 11.061111
SGD 1.48265
SHP 0.865275
SLE 28.726981
SLL 24490.782647
SOS 668.470356
SRD 44.112467
STD 24173.669987
STN 24.488029
SVC 10.233734
SYP 15185.348502
SZL 18.742757
THB 38.156535
TJS 10.789825
TMT 4.087734
TND 3.401837
TOP 2.812081
TRY 56.154839
TTD 7.933122
TWD 37.168062
TZS 3089.197636
UAH 52.263227
UGX 4350.70552
USD 1.167924
UYU 47.0468
UZS 13866.043588
VES 909.792111
VND 30534.206592
VUV 137.523272
WST 3.171974
XAF 655.633686
XAG 0.016911
XAU 0.000251
XCD 3.156373
XCG 2.107915
XDR 0.825783
XOF 655.63088
XPF 119.331742
YER 276.885557
ZAR 18.699119
ZMK 10512.721537
ZMW 22.19396
ZWL 376.07107
  • CMSC

    -0.1780

    21.102

    -0.84%

  • CMSD

    -0.1400

    20.98

    -0.67%

  • BCE

    -0.0700

    23.71

    -0.3%

  • RIO

    3.1300

    105.3

    +2.97%

  • BP

    -0.3800

    44.76

    -0.85%

  • BTI

    -0.4900

    56.21

    -0.87%

  • RBGPF

    0.0000

    68.56

    0%

  • NGG

    -0.8600

    79.76

    -1.08%

  • GSK

    0.4500

    52.41

    +0.86%

  • RELX

    0.5300

    35.91

    +1.48%

  • VOD

    -0.0500

    15.96

    -0.31%

  • JRI

    -0.0300

    12.38

    -0.24%

  • AZN

    1.4900

    165.98

    +0.9%

  • BCC

    0.7000

    82.47

    +0.85%

  • RYCEF

    -0.2500

    20.25

    -1.23%

S. Korean president heads to China, hoping to sidestep Taiwan tensions
S. Korean president heads to China, hoping to sidestep Taiwan tensions / Photo: Jung Yeon-je - AFP/File

S. Korean president heads to China, hoping to sidestep Taiwan tensions

South Korea's President Lee Jae Myung left for China on Sunday, eager to boost economic ties with Seoul's largest trading partner while keeping a lid on potentially explosive issues such as Taiwan.

Text size:

Lee is the first South Korean leader to visit Beijing in six years and his four-day trip comes less than a week after China carried out massive military drills around Taiwan, the self-ruled island it claims as part of its territory.

The exercise, featuring missiles, fighter jets, navy ships and coastguard vessels, drew a chorus of international condemnation that Seoul has notably declined to join.

Lee, accompanied by a delegation of business and tech leaders, hopes to expand economic cooperation in meetings with President Xi Jinping and other top officials.

And he hopes to possibly harness China's clout over North Korea to support his bid to improve ties with Pyongyang.

Hours before Lee departed for Beijing, Seoul's military said the North had fired a ballistic missile into the Sea of Japan -- its first test of the year.

Seoul has for decades trodden a fine line between China, its top trading partner, and the United States, its chief defence guarantor.

But Kang Jun-young, a professor at Seoul's Hankuk University of Foreign Studies, said Beijing was now seeking to draw South Korea away from Washington's sphere of influence.

"China views South Korea as the weakest link at a time when trilateral cooperation among South Korea, the United States and Japan is strengthening," he told AFP.

Lee has deftly stayed on the sidelines since a nasty spat erupted between Beijing and Tokyo late last year, triggered by Prime Minister Sanae Takaichi's suggestion that Japan could intervene militarily if China attacks Taiwan.

"Taking sides only worsens tensions," he told journalists last month.

And he has long dodged questions about whether Seoul would intervene in the event of a conflict over Taiwan, which Beijing has not ruled out using force to seize.

Lee said in an interview with Chinese state broadcaster CCTV on Friday that he "clearly affirms" that "respecting the 'one-China' principle and maintaining peace and stability in Northeast Asia, including in the Taiwan Strait, are very important".

- Trade, AI and K-pop -

On economic ties, Lee has called for South Korea and China to work towards "more horizontal and mutually beneficial" trade.

He is bringing with him a large delegation of executives from some of South Korea's biggest and best-known firms including Samsung -- one of the world's top memory chip makers which produces crucial components for the booming AI industry.

Hyundai Motor Group's executive chair, Chung Eui-sun, is also part of the delegation alongside figures from the entertainment and gaming industries.

A summit with Xi is planned for Monday, followed by trade talks with top officials including Chinese Premier Li Qiang on Tuesday, according to top South Korean adviser Wi Sung-lac.

Lee will then travel to the financial hub of Shanghai, home to a substantial South Korean business community, where he will attend a startup summit and visit the former headquarters of the Korean government-in-exile during Japanese rule.

Xi and Lee last met in November on the sidelines of a regional summit in Gyeongju in South Korea -- a meeting Seoul framed at the time as a reset following years of tense relations.

The South Korean president plans to pitch a potential role for China in his efforts to rekindle frayed ties with the North, which is heavily dependent on Beijing as a trading partner.

Officials also hope the meetings will lead to China easing an unofficial ban on imports of South Korean pop culture, in place for almost a decade.

"China's official position is that there is no such thing as a ban on Korean content, but from our perspective the situation looks somewhat different," said Wi, the presidential adviser.

F.Schneider--NZN