Anti-China sentiment is rapidly spreading at rallies supporting President Yoon Suk Yeol following his arrest over his botched declaration of martial law, further stoking fears of escalating societal divisions.
As political changes loom, South Korea’s leadership crisis could affect ties with China, Japan and the US, observers say.
The trade authorities of South Korea and China will hold the 10th follow-up negotiations on the FTA services and investment in Seoul, the Ministry of Trade, Industry and Energy announced on the 16th.
Seoul shares opened lower Friday, tracking losses on Wall Street, as investors awaited a swath of Chinese data set to be released later in the day. The benchmark Korea Composite Stock Price Index fell 5.
Korea Joongang Daily on MSN8hOpinion
Beware China's 'deflation offensive' on the car market
The Chinese “deflation offensive” has now set its sights on Korea’s car market. Some are arguing for higher tariff walls to shield the local industry.
Seoul shares ended slightly lower Friday on foreign selling, with China's better-than-expected economic growth falling short of boosting investor sentiment. The Korean won fell against the US dollar.
In spite of a bilateral agreement banning development, China has placed a large structure in an area of the West Sea that South Korea says is its territory.
As Seoul continues to deal with its current leadership crisis, Beijing could be an unexpected beneficiary from the chaos.
“I also think China should play a very positive role to ... be back up and running in weeks ahead and said Washington and Seoul were committed to discussing how to expand the scope and scale ...
North Korea fired multiple short-range ballistic missiles off its east coast on Tuesday, South Korea's military said, marking Pyongyang's latest show of force just days ahead of U.S. President-elect Donald Trump's return to office.
The area in question lies within the Provisional Measures Zone, established in 2001 to manage disputes over overlapping exclusive economic zones (EEZs) between the two countries. The agreement prohibits constructing facilities or exploiting resources other than fishing, pending a permanent boundary resolution.
As South Korean authorities extended President Yoon Suk Yeol's detention, his supporters stormed the courthouse that issued the warrant, smashing windows with police shields.