South Korea to Woo China's Xi With State Visit
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China's Commerce Minister Wang Wentao met with South Korea's trade and industry minister on Saturday and discussed safeguarding the stability of supply chains, Wang's ministry said in a statement released on Sunday.
South Korean analysts have welcomed the new trade and investment agreement with Washington, announced to coincide with President Donald Trump's visit.
South Korea announced they’ve reached an agreement on details of the trade deal with the U.S., following the bilateral meeting between President Lee and President Trump.
China and South Korea signed a bilateral currency swap and other economic cooperation agreements on Saturday, as their leaders held summit talks in a bid to improve bilateral ties. The won-yuan swap line of a maximum 70 trillion won ($49.
Seoul and Washington reached a trade deal during U.S. President Donald Trump's visit to South Korea, lead policy official Kim Yong-beom said Wednesday.
The United States will share closely held technology to allow South Korea to build a nuclear-powered submarine.
China’s President Xi Jinping will meet his new South Korean counterpart Lee Jae Myung as both leaders work to rebuild ties between their two countries, after years of Seoul moving closer to the US.
Lee Kang-deok says that the 50% U.S. tariffs have devastated the steelmaking hub of Pohang and that President Donald Trump risks alienating key allies such as South Korea and Japan.
It's unclear what the timeline for such a project would be. The announcement follows trade negotiations between the countries, including Korean investment in U.S. shipbuilding.
Trump’s announcement was short on detail but came a day after he finalized a trade deal with South Korea that includes a pledge of $350 billion in investment.