South Korean Foreign Minister Cho Do-yeol will visit China on May 13-14. South Korean media said that this is the first visit to Beijing by a South Korean foreign minister in six and a half years since 2017.
I still remember that the eighth China-Japan-ROK summit was held in Chengdu in 2019, and it has been almost five years since then.
I still remember that the China-Japan-South Korea Trade Zone began to negotiate in 02, talked about it for 17 years, wrote page after page, talked about it again and again, and was disrupted every time it was about to succeed!
In November 20, the RCEP was finally signed, and China, Japan and South Korea were under the same regional trade framework for the first time. Not only did there be no cooperation between the three countries, relations deteriorated further.
Japan has joined the Asia-Pacific version of NATO - AUKUS, and South Korea is also actively joining!
Is there anything to look forward to when the Koreans come this time? At this juncture, whether it is South Korea or Japan, as long as the United States does not withdraw from the Asia-Pacific region, as long as their military bases are still there, these two countries really have nothing to look forward to!
As far as the United States casually ran over and instigated a few words, Yoon Suk-yeol dared to directly offend this largest trading partner for 19 consecutive years after coming to power, the key is that China is the largest source of South Korea's trade surplus, and 80% of South Korea's foreign trade surplus at its peak in 2018 came from China.
Even if such a splash of wealth is placed in front of them, they dare to flip the table directly with you, which shows the deep influence of the United States on them, and Japan is the same.
Since you have all chosen the United States, it will naturally pay off economically, and in 2023 Japan has fallen from third to fourth place in the world. In the two years since Yoon Suk-yeol took office, South Korea's GDP ranking in the world has fallen from 10th to 14th, going back to 11 years ago.
What's even more embarrassing is that South Korea now probably competes directly with China in all its pillar industries, except for the industry.
The key is that all competitive industries, basically without exception fiasco, South Korea's proud shipbuilding industry, has bid farewell to the world's first, once mobile phone companies have a well-known Samsung screen, has been completely replaced by our BOE, South Korea's OLED market share, also from 90% in 2020, reduced to 50% in 2023, and our OLED market share, from the previous negligible growth to 40%!
Even Koreans can't do without, our cynical plastic surgery industry, they are going to be swept out by us, I really don't know, what future can you have?
Maybe in the future, South Korea and Japan can consider developing in the direction of Amsterdam in Asia, so that the big guys can experience the happiness of the chaebol when they consume, after all, South Korea really has technical and conceptual advantages in this regard. It's really not a joke, with South Korea's birth rate, geographical location, and resource-scarce environment, when there is no technical support, what can be supported in the future except for tourism?
South Korea's "Han Nation Daily" commented that the treatment received by South Korea is not ideal for keeping pace with the United States and Japan. And China is improving its relations with European countries, Australia and other US allies one by one. It is hoped that the Yoon Suk-yeol administration will find a diplomatic balance.
So what is the main purpose of this visit? Quite simply, for the next China-Japan-South Korea summit, the eighth summit was held in Chengdu in 2019, and it has been almost five years since then. With such a good opportunity to show themselves, of course Koreans should work hard!
Of course, there is another important reason, according to Yonhap News Agency, South Korea's Ministry of Economy and Finance said that South Korea, China and Japan agreed on May 3 to work with ASEAN members to strengthen regional financial safety nets and launch a new financing mechanism plan aimed at providing greater support in the event of a financial crisis.
It's very simple, everyone has already felt the signs of the financial crisis, and began to have ideas to increase cooperation in the financial field, the Koreans found out that the Americans were beginning to prepare for the harvest, and they were likely to take the allies, and the case of Japan in front of them was in front of them, so we had to hurry up and find some Asian brothers to help, at this time, of course, Dongda was the first choice!!
I hope there will be good news about what can be negotiated!