Deputy Prime Minister and Minister of Strategy and Finance Choo Kyung-ho said on Oct. 19 that Korea will not exit from China, in response to concerns about the Korea’s withdrawal from China as Korea, Japan and the United States have strengthened their trilateral cooperation.
“There is no reason to turn our backs on China,” Choo said in a National Assembly audit of the Ministry of Strategy and Finance at the Sejong Government Complex in Sejong, Sejong City, on Oct. 19.
“President Yoon is making China uncomfortable by continuing to act in favor of a Korea-U.S.-Japan trilateral alliance,” said Democratic Party lawmaker Chung Tae-ho during the audit. “The Korean business community is uneasy because they think that Korea is giving up on the Chinese market and taking it as a signal for Korea to leave China. This is concerning China.”
“China is a very important country for the Korean economy, and we have said that we will continue to cooperate with China in the future based on reciprocity and mutual respect,” Choo said. “We are currently promoting and discussing the possibility of a trilateral summit between Korea, China and Japan.”