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☆ Tourists have returned to North Korea for the first time since the pandemic
▼ + stars: | 2024-02-27 | by ( Lilit Marcus | Mayumi Maruyama | ) edition.cnn.com time to read: +7 min

American college student Otto Warmbier was detained on a North Korea trip in 2016, allegedly for stealing a propaganda poster. Courtesy Elena BychcovaRussia and North Korea’s relationshipBefore the pandemic, the largest source of inbound tourists to North Korea wasn’t Russia – it was China. The Russian ski trippers were the first tourists allowed into the hermit kingdom since the pandemic, a sign of Russia’s increasing popularity in North Korea. Now, both say they would consider going to North Korea again someday – but only if the political situation changes. “I hope traveling will save the world.”Another Russian ski trip in North Korea is slated for March 2024.

Persons: Lena Bychcova couldn’t, —, kingdom’s, Kim Jong Un, Otto Warmbier, Bychcova, Ilya Voskresensky, grandpa, Voskresensky, “, KIM, JIN, Kim Won Jin, Kim Il Sung, Kim Jong Il, ” Bychcova, Lena Bychcova, Elena Bychcova, Vladimir Putin, –, Bychcova doesn’t, ”, Kim, Putin, Anna Chernova, Mariya Knight Organizations: CNN, Koryo, ”, Getty, Intelligence, Ukraine, Korean, United, Russia, North Locations: Korea, Russian, North Korea, Tourism, United States, Pyongyang, Korean, Vladivostok, Soviet Russia, AFP, Elena Bychcova Russia, North, Russia, China, United Nations, Ukraine, Yekaterinburg, Ukrainian

☆ Émigrés Are Creating an Alternative China, One Bookstore at a Time
▼ + stars: | 2024-02-23 | by ( Li Yuan | ) www.nytimes.com time to read: 1 min

On a rainy Saturday afternoon in central Tokyo, 50 or so Chinese people packed into a gray, nondescript office that doubles as a bookstore. Like them, Ms. Qiu had lived as an immigrant in Japan. Public discussions like this one used to be common in big cities in China but have increasingly been stifled over the past decade. The Chinese public is discouraged from organizing and participating in civic activities. In the past year, a new type of Chinese public life has emerged — outside China’s borders in places like Japan.

Persons: Qiu Jin, Qiu, ” Locations: Tokyo, Japan, China, China’s

☆ A Bed-Stuy Loft Transformed With an Out-of-the-Ordinary Renovation
▼ + stars: | 2024-02-20 | by ( Tim Mckeough | ) www.nytimes.com time to read: 1 min

After years of renting, Jackson Owens and Flora Jin bought a loft in Bedford-Stuyvesant, Brooklyn, and it felt like the stuff of dreams. A week or so later, it was more like a nightmare. A few floors above them there was a gas leak, then an explosion. When the sprinklers came on, many of the building’s apartments were drenched, including the couple’s new 1,200-square-foot condo, which they’d bought for about $1.1 million in July 2021. “Our unit had severe water damage,” said Mr. Owens, 32, a software engineer.

Persons: Jackson Owens, Flora Jin, they’d, ”, Owens Locations: Bedford, Stuyvesant , Brooklyn

☆ South Korean Doctors Walk Out, Protesting Plan to Increase Their Ranks
▼ + stars: | 2024-02-19 | by ( Jin Yu Young | ) www.nytimes.com time to read: +1 min

Hundreds of interns and residents at major South Korean hospitals walked off the job on Tuesday, disrupting an essential service to protest the government’s plan to address a shortage of doctors by admitting more students to medical school. While South Korea takes pride in its affordable health care system, it has among the fewest physicians per capita in the developed world. The protesters, who are doctors in training and crucial for keeping hospitals running, say the shortage of doctors is not industrywide but confined to particular specialties, like emergency care. They say the government is ignoring the issues that have made working in those areas unappealing: harsh working conditions and low wages for interns and residents. Surveys have found that in a given week, doctors in training regularly work multiple shifts that last longer than 24 hours, and that many are on the job for more than 80 hours a week.

Locations: Korea

☆ Are these the most beautiful coffee shops in the world?
▼ + stars: | 2024-02-17 | by ( David Tran | ) edition.cnn.com time to read: +12 min

The Budapest Café is one of many eye-catching businesses featured in “Designing Coffee: New Coffee Places and Branding,” a coffee table book — no pun intended — that puts the world’s most photogenic, eccentric cafés and roasters on display. Its "bright, playful design and color palette transform a former dental office into a bustling and vibrant bakery café," Kingston writes in "Designing Coffee." In an increasingly competitive coffee industry, coffee shop owners are putting thoughts into how their spaces are designed. Across its ambience and menu, the Genovese Coffee House in Sydney offers Australian consumers an "espresso" ticket to Mediterranean café culture. Anson Smart/Genovese Coffee House/Courtesy gestaltenElsewhere, Genovese Coffee House (pictured above) in Sydney, Australia drew inspiration from Italian coffee culture.

Persons: James Morgan, they’re, Wes Anderson, Lani Kingston, Kingston, Mikhail Loskutov, Yuh Nguyen, Luca Rinaldi, Jamie Yelo, Urbain, Jin Weiqi, Marco Pinarelli, Julius, Damir Otegen, Karin Pasterer, Hernan Taboada, Carlos Artalejo, Xavier Alexander, Alexander, ”, “, ” Alexander, ” Kingston, David Dworkind, ” “, ’ ”, Fritz, K Kim, Angela Wijaya, Fritz Coffee, Ben Hamilton, Anson Smart, “ It’s Organizations: Budapest Cafe, CNN, Portland State University, Melrose, Rupertinum, Salzburg's Museum of Modern Art, Kingston, Fritz Coffee Company, Coffee House, Genovese Coffee, Coffee Locations: Budapest, Chengdu, China, Odessa, Ukraine, Hanoi, Vietnam, Milan, Italy, Taipei, Taiwan, Montréal, Canada, Beijing, Ho Chi Minh City, Central Highlands, Kyiv, Ukraine's, Hong Kong, Forme, Beirut, Lebanon, Almaty, Kazakhstan, Salzburg, Austria, 220GRAD, Buenos Aires, Argentina, Caffettiera, Montreal, Asia, Seoul, South Korea, Belfast, Los Angeles, California, Sydney, Australia

☆ The Antitrust Enforcers Aimed at Big Tech. Then Came the Backlash.
▼ + stars: | 2024-02-16 | by ( Jin Yu Young | Daisuke Wakabayashi | ) www.nytimes.com time to read: +1 min

The South Korean government unleashed a wave of panic across the internet industry: The country’s antitrust regulator said it would enact the toughest competition law outside Europe, curbing the influence of major technology companies. The Korea Fair Trade Commission, with the backing of President Yoon Suk Yeol, said in December that it planned to make a proposal modeled after the 2022 Digital Markets Act, the European Union’s landmark law to rein in American tech giants. This bill also seemed to target South Korea’s own internet conglomerates just as much as the Alphabets, Apples and Metas of the world. The commission said the law would designate certain companies as dominant platforms and limit their ability to use strongholds in one online business to expand into new areas. After a furious backlash from South Korean industry lobbyists and consumers, and even the U.S. government, the Fair Trade Commission said it would delay the bill’s formal introduction to solicit more opinions.

Persons: Yoon Suk Yeol Organizations: South, Korea Fair Trade, ., Fair Trade Commission Locations: Europe, South

☆ For Families of Itaewon Crowd Crush Victims, Verdicts Are a Bittersweet Win
▼ + stars: | 2024-02-15 | by ( Jin Yu Young | ) www.nytimes.com time to read: +1 min

Bereaved relatives of the victims of a deadly 2022 crowd crush in South Korea expressed mixed emotions this week after three former police officers were convicted of destroying evidence connected to the episode, in which nearly 160 people died in Seoul. Dissatisfaction over the slow pace of the inquiry and the perceived leniency of the sentences was mingled with relief that someone, at last, had been held to account. Though others have been indicted, these officers are the first people to be convicted of any crime related to the episode. The verdicts were an unexpected win for the victims’ family members, who had waited more than 15 months and were starting to lose faith that anyone would ever be held responsible. “It was a long wait, but it’s a meaningful outcome in that the court has clearly outlined where the police went wrong,” said Lee Jeong-min, the head of an association for the bereaved families.

Persons: ”, Lee Jeong Locations: South Korea, Seoul

☆ South Korea Halloween crush: 3 former police officers sentenced for destroying evidence
▼ + stars: | 2024-02-15 | by ( Yoonjung Seo | ) edition.cnn.com time to read: +2 min

Seoul, South Korea CNN —Three former police officers were sentenced in a Seoul court on Wednesday for destroying evidence related to the deadly Halloween crowd crush in the city’s Itaewon neighborhood in 2022. They are the first officers to be convicted of crimes related to the crowd crush, in which nearly 160 people were killed. The court document said Park ordered his officers to delete police reports warning of crowd-related incidents and raising public safety concerns ahead of the Halloween celebrations in 2022 shortly after the Itaewon crowd crush occurred. One of the deleted police reports stated a need for measures to prevent male police officers from hitting on women during Halloween. Most of those killed in the October 29 crush were young adults and teenagers, who were among tens of thousands of partygoers who poured into Seoul’s Itaewon district to celebrate Halloween.

Persons: Sung, Kim Jin, Young, seok, Kim Kwang Organizations: South Korea CNN —, Seoul Metropolitan Government, Seoul’s, Seoul police Locations: Seoul, South Korea, Seoul’s

☆ Tiger Woods to make 2024 debut at the Genesis Invitational
▼ + stars: | 2024-02-08 | by ( Jack Bantock | ) edition.cnn.com time to read: +2 min

CNN —Tiger Woods will make his first competitive start of the year at the Genesis Invitational next week, the 15-time major winner announced on social media Wednesday. Woods, chasing his first PGA Tour win since his record-equaling 82nd triumph at the Zozo Championship in October 2019, said he was “excited” to compete in an Instagram post announcing his participation on Wednesday. Woods celebrates his most recent PGA Tour victory at the 2019 Zozo Championship in Inzai, Japan. The duo finished tied-fifth out of 20 teams formed of past major or Players Championship winners and a family member at the Ritz-Carlton Club, six shots behind the winning pairing of Bernhard Langer and his son Jason. The Players Championship, dubbed ‘the fifth major,’ tees off in March, while The Masters begins the major calendar in April.

Persons: –, LIV, Jon Rahm, Wyndham Clark, Woods, Lee Jin, Charlie, Bernhard Langer, Jason . Woods Organizations: CNN, Genesis, Los, Club, Tiger Woods Foundation, FedEx Cup, PGA, PNC, Ritz, Carlton Club, Nike Locations: Bahamas, Los Angeles, California, Inzai, Japan, Florida

SEOUL, South Korea (AP) — A South Korean court on Monday acquitted Samsung Electronics Chairman Lee Jae-yong of financial crimes involving a contentious merger between Samsung affiliates in 2015 that tightened his grip over South Korea’s biggest company. The court said the prosecution failed to sufficiently prove the merger between Samsung C&T and Cheil Industries was unlawfully conducted with an aim to strengthen Lee’s control over Samsung Electronics. Lee had denied wrongdoing in the current case, describing the 2015 merger as “normal business activity.”Lee, 56, did not answer questions from reporters as left the court. Lee Jae-yong served 18 months in prison after being convicted in 2017 over separate bribery charges related to the 2015 deal. Some shareholders had opposed the 2015 merger, saying that it unfairly benefited the Lee family while hurting minority shareholders.

Persons: Lee Jae, Lee, ” Lee, Jin Kim, Lee Kun, Park, Yoon Suk, tycoons, Kim Tong, hyung Organizations: Samsung, Korea’s, Seoul Central, Cheil Industries, Samsung Electronics, Prosecutors, South, National Pension Service Locations: SEOUL, South Korea, Seoul, Ukraine

☆ If It Isn’t Perfect, Is It Still K-Pop?
▼ + stars: | 2024-01-30 | by ( Jin Yu Young | ) www.nytimes.com time to read: 1 min

What comes to mind when you hear the word “K-pop”? Is it the global boy band phenomenon BTS, wearing studded jackets and dancing in perfect sync? Or the girl group Blackpink, performing at Coachella in trendy fashions and perfectly curled hair? “Give me some more bass,” said Omega Sapien, a vocalist with electric-green hair and grills, swaying his hips and grunting to the beat. The studio was cluttered with art, vinyl records, dumbbells and other odds and ends.

Persons: ”, Omega Sapien Organizations: Coachella Locations: Seoul

What It Took Young People in China to Get Their Jobs Not long ago, China’s economy was the envy of the world. We spoke to five young Chinese about what it took to find their jobs amid such uncertainty. Now, those boom years are fading, as are many young people’s hopes — with unpredictable consequences for China and the world. Ethan Yi, Class of 2022Qilai Shen for The New York TimesLooking back, Ethan Yi thinks he had been a little entitled, or at least naive. “I think it’s not good for young people to be too comfortable,” she said.

Persons: ”, hesitating, —, people’s, Nadia Yang, Fiona Qin, Qilai Shen, Ethan Yi, Yi, “, Phoebe Liu, Gilles Sabrié, Liu, ” Tsuki Jin, The New York Times Tsuki Jin, Jin, Ms Organizations: The New York Times Locations: China, Beijing, Shanghai

☆ China's economic growth is set to slow in 2024. Here's what Wall Street is predicting
▼ + stars: | 2024-01-17 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

China was due Wednesday to release GDP figures for 2023, and previously announced an official target of around 5% growth for the year. Despite significant growth in sectors such as tourism and electric cars, China's economy last year did not rebound from the pandemic as quickly as many banks had initially expected. watch nowThe International Monetary Fund in November also cited China's policy announcements as a reason for its decision to raise the 2023 growth forecast to 5.4%, from 5% previously. However, the IMF said it still expected China's growth to slow in 2024 to 4.6% "amid continuing weakness in the property market and subdued external demand." In the long term, analysts generally expect China's economy to slow further from a high base.

Persons: Pan Jianyong, Goldman Sachs, Morgan Stanley, Li Qiang, Haibin Zhu, Li Organizations: Co, Getty, Visual China, BEIJING —, Economic, Tuesday, UBS, Citi, JPMorgan, CNBC, China, China Economic, Monetary Fund Locations: MEISHAN, CHINA, Sichuan, Meishan, Sichuan Province, China, Davos, Beijing, decelerating

☆ China reports disappointing GDP, retail data — what it means for 3 of our stocks
▼ + stars: | 2024-01-17 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

New economic data out of China on Wednesday shows the world's second-largest economy is still struggling to bounce back from the pandemic. China's GDP for the last three months of 2023 grew by 5.2%, according to China's National Bureau of Statistics. But the latest disappointing economic data puts pressure on policymakers to act again to boost the economy. The 2023 bounce back from Covid-19 restrictions did not go as expected, but we believe the stocks' declines already reflect China headwinds and that the Chinese economy will regain its footing in time. We simply can't sell this casino operator because once it's clear the Chinese economy has stabilized, the stock is going to rally.

Persons: Estee Lauder, Morgan Stanley, It's, Wynn, Jim Cramer's, WYNN, Jim Cramer, Jim, Pan Jianyong Organizations: Wynn Resorts, China's, National Bureau of Statistics, Reuters, Starbucks, CNBC, Co, Getty, Visual China Locations: China, Covid, U.S, Mainland China, Macao, Las Vegas, MEISHAN, CHINA, Sichuan, Meishan, Sichuan Province

☆ Kim Jong Un Urges Women to Be Good Comrades—and Give Birth
▼ + stars: | 2023-12-05 | by ( Dasl Yoon | ) www.wsj.com time to read: 1 min

North Korean women face widespread discrimination in the country’s deeply patriarchal society. Photo: kim won jin/Agence France-Presse/Getty ImagesSEOUL— Kim Jong Un has a new mission for North Korean women: Have more babies. Kim acknowledged the impoverished nation’s plunging birthrate for the first time publicly at a rare National Conference of Mothers. Wiping away tears, the 39-year-old dictator, who is a father of three, described mothers as revolutionaries who were on the front lines of rooting out antisocialist behavior and helping the nation prosper.

Persons: kim, Kim Jong, Kim Organizations: Agence France, Getty, North, National Conference of Locations: SEOUL

☆ South Korea's Yoon set to announce cabinet reshuffle -media
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +2 min

South Korean President Yoon Suk-yeol gives a speech on the government budget at the National Assembly in Seoul, South Korea, 31 October 2023. JEON HEON-KYUN/Pool via REUTERS/File photo Acquire Licensing RightsSEOUL, Dec 4 (Reuters) - South Korean President Yoon Suk Yeol is likely to announce a major cabinet reshuffle as early as Monday, with as many as 10 ministers including the finance minister set to be replaced, Yonhap news agency reported. The financial regulator head could also be replaced, the Korea Economic Daily reported on Monday, also citing unidentified sources. Some cabinet members are widely expected to stand down to capitalise on their increased profile to run as political candidates. Yoon does not require parliamentary approval to appoint a finance minister, who also serves as deputy prime minister.

Persons: Yoon Suk, JEON HEON, Yonhap, Park, Choo Kyung, Choi Sang, Yoon, Hyunsu Yim, Cynthia Kim, Ed Davies, Christopher Cushing Organizations: South, National Assembly, Rights, Korea Economic, Foreign, Finance, Democratic Party of Korea, Thomson Locations: Seoul, South Korea, Rights SEOUL, Korea, Busan

The San Francisco skyline is seen behind a self-driving GM Bolt EV during a media event where Cruise, GM's autonomous car unit, showed off its self-driving cars in San Francisco, California, U.S. November 28, 2017. The California Public Utilities Commission (CPUC) on Friday ordered Cruise to appear at a Feb. 6 hearing for "misleading the Commission through omission regarding the extent and seriousness of the accident" and "making misleading public comments regarding its interactions with the commission." Cruise's troubles are also a setback for an industry dependent on public trust and the cooperation of regulators. GM had told investors Cruise and its technology could generate $50 billion a year in revenue by 2030. Reporting by Hyunjoo Jin in San Francisco and David Shepardson in Washington, Additional reporting by Abhirup Roy in San Francisco; Editing by Richard Chang and Nick ZieminskiOur Standards: The Thomson Reuters Trust Principles.

Persons: Elijah Nouvelage, Cruise, Kyle Vogt, Daniel Kan, Jose Alvarado, Ashlyn Kong, Kong, ”, Tim Piechowski, Waymo, John Reynolds, Gavin Newsom, Mary Barra, Hyunjoo Jin, David Shepardson, Abhirup Roy, Richard Chang, Nick Zieminski Organizations: San, GM Bolt, REUTERS, General Motors, GM, California Public Utilities Commission, CPUC, Cruise, Capital Research, California's Department of Motor Vehicles, Thomson Locations: San Francisco, San Francisco , California, U.S, California, United States, Washington

☆ South Korea's Yoon Set to Announce Cabinet Reshuffle -Media
▼ + stars: | 2023-12-03 | by ( Dec. | At P.M. | ) www.usnews.com time to read: +1 min

SEOUL (Reuters) - South Korean President Yoon Suk Yeol is likely to announce a major cabinet reshuffle as early as Monday, with as many as 10 ministers including the finance minister set to be replaced, Yonhap news agency reported. The transport and labour ministers may also be changed, Yonhap said, citing unidentified sources. The financial regulator head could also be replaced, the Korea Economic Daily reported on Monday, also citing unidentified sources. Some cabinet members are widely expected to stand down to capitalise on their increased profile to run as political candidates. Yoon does not require parliamentary approval to appoint a finance minister, who also serves as deputy prime minister.

Persons: Yoon Suk, Yonhap, Park, Choo Kyung, Choi Sang, Yoon, Hyunsu Yim, Cynthia Kim, Ed Davies, Christopher Cushing Organizations: Korea Economic, Foreign, Finance, Democratic Party of Korea Locations: SEOUL, Korea, Busan

☆ Private sector collaboration is essential in the energy transition, says AIIB President
▼ + stars: | 2023-12-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPrivate sector collaboration is essential in the energy transition, says AIIB PresidentThe private sector will be essential in tackling the climate crisis, according to AIIB CEO Jin Liqun. Liqun emphasised the need to attract private investment while also maintaining good dialogue with national governments.

Persons: Jin Liqun, Liqun

South Korea had no military reconnaissance satellites of its own in space and has partially resorted to the United States’ spy satellites to monitor moves by North Korea. The North Korean satellite launch sparked immediate, strong condemnations from the U.S., South Korea and others. North Korea responded angrily, saying it has sovereign rights to launch spy satellites to cope with what it calls increasing U.S. hostilities. Since 2022, North Korea has conducted about 100 ballistic missile tests — part of efforts to modernize its arsenal of weapons targeting South Korea and the United States. South Korea’s spy agency told lawmakers last week that Russia’s technological assistance likely enabled North Korea to place its spy satellite into orbit.

Persons: Sheryll Klinkel, Kim Jong Un, Hyung, Kim Organizations: VANDENBERG, North, California’s Vandenberg Space Force, SpaceX’s, SpaceX, South Korea’s Defense Ministry, South Korean, White, Pentagon, Korean, North Korean, United Nations, North Korea’s Defense Ministry, U.S . Space Command, U.S . Space Forces, Radio Free, Force, Associated Press Locations: South Korea, North Korea, United States, South, Korea, U.S, Radio Free Asia, North, “, Japan, Ukraine, Russia, Seoul

[1/3] Tesla's new Cybertruck is shown on display at a Tesla store in San Diego, California, U.S., November 20, 2023. Cybertruck, Tesla's first new model in nearly four years, is critical to its reputation as a maker of innovative vehicles. "We dug our own grave with Cybertruck," Musk said last month, warning that it would take a year to 18 months to make the vehicle a significant cash flow contributor. The billionaire has said Tesla was likely to reach a production rate of roughly 250,000 Cybertrucks a year in 2025. Tesla has faced "enormous challenges in reaching volume production" with the Cybertruck because of its new technology and design, Musk said.

Persons: Mike Blake, Elon Musk, Tesla's, Musk, Tesla, Eric Noble, Rivian, R1T, Rivian's R1T, Ford's, Seth Goldstein, Paul Waatti, Akash Sriram, Hyunjoo Jin, Sayantani Ghosh, Bill Berkrot Organizations: REUTERS, New York Times, Dodge, Ford, General Motors, Hummer, Morningstar, Thomson Locations: San Diego , California, U.S, Bengaluru, Hyunjoo, San Francisco

"These measures could boost (earnings) growth and help asset prices recover in 2024," Liu said. As per the forecasts, the consumer staples and software sectors are set to post earnings growth of 40% and 30%, respectively. The consumer discretionary and industrial sectors are each expected to see roughly 20% growth, while the real estate sector may grow 18%. Such stable or growth-centric government policies would also boost investor confidence in the e-commerce and consumer sectors, Lau added. Maurer, however, points to how cheap Chinese stocks are and that the risks might already be priced in.

Persons: Minyue Liu, Liu, John Lau, Lau, Alec Jin, Jin, Caroline Yu Maurer, Maurer, Patturaja Murugaboopathy, Vidya Ranganathan Organizations: BNP, Management, Asia Pacific, SEI, Reuters, Reuters Graphics, Stock Connect, HSBC Asset Management, Thomson Locations: Asia, China, Shanghai, U.S

☆ South Korean city turns to matchmaking to boost low birth rates
▼ + stars: | 2023-11-27 | by ( Soo-Hyang Choi | ) www.reuters.com time to read: +3 min

They were participants at a mass blind-dating event hosted by Seongnam city, an attempt by the local government to reverse a falling birth rate in a country where the popularity of marriage and enthusiasm towards parenthood have nosedived. Jung Jae-hoon, a professor at the department of social welfare at Seoul Women's University, said it was "nonsense" to expect these events to lead to higher birth rates. "You need to spend more money directly on supporting pregnancy, child delivery and parenting to call it a policy to boost birth rates," Jung said. Despite criticism, thousands of people have signed up for this year's blind-dating events arranged by the Seongnam city. "Low birth rates cannot be resolved with a single policy," Shin said.

Persons: Lee Yu, Hwang Da, Hwang, Jung Jae, Jung, Shin Sang, Shin, It's, Soo, hyang Choi, Daewoung Kim, Josh Smith, Stephen Coates Organizations: Seongnam, Organisation for Economic Co, Development, Seoul Women's University, Minwoo, Thomson Locations: SEONGNAM, South Korea, Seoul, Korean, United States, Japan, Seongnam

☆ China Warns South Korea Not to Politicise Economic Issues
▼ + stars: | 2023-11-26 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

"China and South Korea have become cooperation partners with highly integrated interests and highly interconnected production and supply chains," Wang told South Korean Foreign Minister Park Jin, according to a Chinese foreign ministry readout. "Both sides should jointly resist the tendency to politicise economic issues, instrumentalise science and tech issues, and the broad securitisation of trade issues." South Korea has sought to avoid becoming embroiled in a tit-for-tat row between China and the United States over semiconductors. "China is willing to jointly promote the restart of revamped trilateral cooperation with South Korea and Japan," Wang said on Sunday. In September, senior officials from the three countries agreed to arrange a trilateral summit at the "earliest convenient time".

Persons: Wang Yi, Wang, Park Jin, Xi Jinping, Joe Biden, Yoon Suk Yeol, Fumio Kishida, Biden, Laurie Chen, William Mallard Organizations: South Korean, South Korean Foreign, U.S, Samsung Electronics, SK Hynix, South Locations: BEIJING, China, South Korea, Korea, United States, Japan, Beijing, Washington, Tokyo, Seoul, Busan

☆ China warns South Korea not to politicise economic issues
▼ + stars: | 2023-11-26 | by ( ) www.reuters.com time to read: +2 min

South Korean Foreign Minister Park Jin, right, talks with his Chinese counterpart Wang Yi prior to a meeting in Busan, South Korea, Sunday, Nov. 26, 2023. "China and South Korea have become cooperation partners with highly integrated interests and highly interconnected production and supply chains," Wang told South Korean Foreign Minister Park Jin, according to a Chinese foreign ministry readout. "Both sides should jointly resist the tendency to politicise economic issues, instrumentalise science and tech issues, and the broad securitisation of trade issues." South Korea has sought to avoid becoming embroiled in a tit-for-tat row between China and the United States over semiconductors. "China is willing to jointly promote the restart of revamped trilateral cooperation with South Korea and Japan," Wang said on Sunday.

Persons: Park Jin, Wang Yi, Ahn Young, Wang, Xi Jinping, Joe Biden, Yoon Suk Yeol, Fumio Kishida, Biden, Laurie Chen, William Mallard Organizations: South Korean Foreign, REUTERS Acquire, Rights, South Korean, U.S, Samsung Electronics, SK Hynix, South, Thomson Locations: Busan, South Korea, Rights BEIJING, China, Korea, United States, Japan, Beijing, Washington, Tokyo, Seoul

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