logo
China's Xi urges new S. Korean leader Lee to improve bilateral ties

China's Xi urges new S. Korean leader Lee to improve bilateral ties

The Mainichi11-06-2025
BEIJING (Kyodo) -- Chinese President Xi Jinping urged new South Korean President Lee Jae-Myung to promote a bilateral strategic cooperative partnership in their first telephone conversation on Tuesday, the Chinese Foreign Ministry said.
In a veiled reference to high U.S. tariffs imposed under President Donald Trump, Xi called for China and South Korea to "jointly safeguard multilateralism and free trade" and "ensure the stable and smooth functioning of global and regional industrial and supply chains," the ministry said.
China has been eager to improve its strained ties with South Korea, a U.S. ally, amid its tit-for-tat trade war with the United States. Their relationship deteriorated under Lee's predecessor Yoon Suk Yeol, who pursued pro-U.S. foreign policy and boosted trilateral cooperation that includes Japan.
Lee and Xi agreed to strengthen bilateral exchanges to "enhance friendly sentiments" between the citizens of both nations, and make joint efforts to "achieve visible outcomes in practical areas of cooperation, including the economy," according to the South Korean presidential office. China is South Korea's largest trading partner.
The South Korean leader also asked China to play a "constructive role" in achieving denuclearization and promoting peace and stability on the Korean Peninsula. Xi said in response that China would make efforts toward resolving the issue and contributing to regional peace and stability, Lee's office said.
Lee invited Xi to South Korea for the Asia-Pacific Economic Cooperation forum summit to be held in Gyeongju in November. The two leaders agreed to closely cooperate for the successful hosting of APEC meetings as chair countries of this year and next year, his office added.
Xi is "seriously considering" visiting South Korea to attend the APEC summit, according to South Korea's Yonhap News Agency. If realized, it would be his first trip to the neighboring country in 11 years.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Ford touts 'Model-T moment' for EVs to counter China's Geely, BYD
Ford touts 'Model-T moment' for EVs to counter China's Geely, BYD

Nikkei Asia

time8 minutes ago

  • Nikkei Asia

Ford touts 'Model-T moment' for EVs to counter China's Geely, BYD

Ford says it will announce a new EV strategy on Aug. 11, as it positions itself to take on rising Chinese players. © Reuters KENJI KAWASE TOKYO -- Ford Motor is preparing to unveil a new electric vehicle strategy on Aug. 11, aiming to counter the global onslaught of Chinese manufacturers such as Geely and BYD. Jim Farley, the U.S. automaker's CEO, said the announcement will be a "Model-T moment for us at Ford," referring to the company's legacy as the maker of the world's first mass-produced, affordable car.

China puts off release of movie on Japanese biological warfare unit
China puts off release of movie on Japanese biological warfare unit

Kyodo News

time38 minutes ago

  • Kyodo News

China puts off release of movie on Japanese biological warfare unit

BEIJING - The release of a Chinese movie on the Imperial Japanese Army's notorious Unit 731, which was originally scheduled for Thursday, has been put off in a possible move by Beijing to avoid fanning anti-Japan sentiment and damaging bilateral relations. The release date of the film on local movie ticket purchase apps has been changed from July 31 to 2025, while millions of people online have expressed their interest in the film about the unit, which according to historians conducted biological and chemical warfare research in China during World War II. The movie's production company has declined to comment on the postponement. Those waiting for the release have shown support for the movie in online posts, saying "history should not be forgotten." This year marks the 80th anniversary of the end of the Sino-Japanese conflict, which Beijing calls the 1937-1945 War of Resistance against Japanese Aggression. Set in China's northeastern region, the movie conveys an anti-war message and aims to "reveal the crimes" of Unit 731 through a focus on ordinary individuals, according to media reports. The unit's research is believed to have included lethal experimentation and testing on humans. Prisoners of war were secretly experimented upon to develop, among other things, plague and cholera-based biological weapons, according to historians. The Japanese government says it has not found any evidence confirming the unit conducted experiments on human subjects. In 1997, Japan's Supreme Court, in a ruling concerning state screeners' objection to a history textbook's description of the unit's actions in China, said "the view had been established within academic circles to an undeniable extent that Unit 731 had killed many Chinese people through biological experiments."

BOJ keeps rates unchanged and lifts price view after U.S. trade deal
BOJ keeps rates unchanged and lifts price view after U.S. trade deal

Japan Times

time39 minutes ago

  • Japan Times

BOJ keeps rates unchanged and lifts price view after U.S. trade deal

The Bank of Japan held its benchmark interest rate steady and raised its inflation outlook more than expected in a sign it may be closer to a rate hike, while continuing to warn that it's still assessing the impact of U.S. President Donald Trump's tariffs. The BOJ kept the overnight call rate at 0.5% at the end of a two-day policy meeting in a unanimous vote, according to a statement Thursday. All 56 surveyed economists forecast the decision. The nine-member board boosted its median inflation projection for the current fiscal year in its quarterly economic outlook report to 2.7% from 2.2%, reflecting persistent increases in food prices. It also slightly raised its forecasts for fiscal year 2026 and 2027, while bringing up its economic growth view a tad for this year. Economists had expected a shift to 2.5% for the current year's inflation forecast. The yen extended gains against the dollar immediately after the decision. While the array of changes in the outlook suggested Gov. Kazuo Ueda's board is closer to its next rate hike, the central bank also avoided dropping any clear hints as to the exact timing. Officials likely need time to gauge how U.S. tariffs will affect Japan's economy and global commerce, even after a deal was struck between the U.S. and Japan. The BOJ gathering concluded just hours after the Federal Reserve kept its benchmark interest rate steady and Chair Jerome Powell tempered expectations for a rate cut in September. Authorities revised their assessment of the risk balance for inflation by saying risks were generally balanced, without specifying which years they were referring to. They only cited downside risks for fiscal year 2025 and 2026 in the outlook report three months ago. That's another sign the board is looking at the potential case for higher rates down the road. The BOJ also softened its characterization of uncertainty over trade in its outlook report summary to show it's no longer "extremely' high, and reiterated its intention to raise rates if conditions allow. Earlier the Fed held its benchmark interest rate steady, with Powell citing "many, many uncertainties' impeding a move as Governors Christopher Waller and Michelle Bowman dissented by voting for a quarter-point cut. Japan's government struck a trade deal with Washington on July 22 that lowered tariffs on U.S. imports of Japanese autos and most other goods to 15%. That pact reduced a key source of uncertainty for policymakers, allowing them to now focus on measuring the effects of tariffs. "There have been positive developments in trade and other policies, such as negotiations between Japan and the United States resulting in an agreement,' the BOJ's latest outlook report said. "That said, high uncertainties remain regarding negotiations between jurisdictions and the impact of trade and other policies on economic activity and prices at home and abroad.' Provided there's no change to the levies, BOJ officials expect they will have enough data by at least year-end to be able to consider whether a rate hike would be appropriate, people familiar with the matter told Bloomberg earlier this month. The BOJ's upgrade to the inflation outlook comes as persistently high living costs have made Japan among the most inflationary nations in the Group of Seven. Rising prices for food, especially rice, have driven the gains, compelling the bank to examine that impact on underlying inflation trends.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store