The Japan Times - South Korea hosts Xi as Chinese leader rekindles fraught ties

EUR -
AED 4.196616
AFN 73.133561
ALL 93.858721
AMD 420.289422
ANG 2.045918
AOA 1048.437149
ARS 1700.623884
AUD 1.648569
AWG 2.059741
AZN 1.966194
BAM 1.953849
BBD 2.30326
BDT 140.999174
BGN 1.932192
BHD 0.431188
BIF 3401.551467
BMD 1.142714
BND 1.475791
BOB 7.919437
BRL 5.906339
BSD 1.143588
BTN 108.946571
BWP 15.424
BYN 3.318031
BYR 22397.188349
BZD 2.299963
CAD 1.623802
CDF 2566.534672
CHF 0.919759
CLF 0.026753
CLP 1052.942078
CNY 7.758
CNH 7.761243
COP 3822.651549
CRC 521.002435
CUC 1.142714
CUP 30.281913
CVE 110.157388
CZK 24.187845
DJF 203.641955
DKK 7.47465
DOP 67.745302
DZD 152.106247
EGP 55.989772
ERN 17.140705
ETB 183.380669
FJD 2.559964
FKP 0.855837
GBP 0.85675
GEL 3.011059
GGP 0.855837
GHS 12.991025
GIP 0.855837
GMD 82.822002
GNF 10029.421752
GTQ 8.727474
GYD 239.211549
HKD 8.961903
HNL 30.608768
HRK 7.533225
HTG 149.577152
HUF 353.763568
IDR 20563.761367
ILS 3.434009
IMP 0.855837
INR 109.025457
IQD 1498.069321
IRR 1572316.903251
ISK 144.004482
JEP 0.855837
JMD 181.045812
JOD 0.810205
JPY 185.230436
KES 147.707558
KGS 99.927685
KHR 4579.646407
KMF 492.509261
KPW 1028.442722
KRW 1748.974749
KWD 0.354709
KYD 0.95309
KZT 540.813515
LAK 25822.452158
LBP 102407.799013
LKR 383.044187
LRD 207.551795
LSL 18.549366
LTL 3.374136
LVL 0.691216
LYD 7.329872
MAD 10.694487
MDL 20.115789
MGA 4848.284959
MKD 61.627649
MMK 2399.418388
MNT 4093.620504
MOP 9.238177
MRU 45.640413
MUR 53.786958
MVR 17.666279
MWK 1983.071429
MXN 19.970818
MYR 4.661868
MZN 73.030981
NAD 18.549285
NGN 1565.895002
NIO 42.079813
NOK 11.238441
NPR 174.318523
NZD 2.009891
OMR 0.439376
PAB 1.143608
PEN 3.891214
PGK 5.024202
PHP 70.29689
PKR 317.939099
PLN 4.290747
PYG 6953.237856
QAR 4.180416
RON 5.230436
RSD 117.346486
RUB 87.867008
RWF 1674.281621
SAR 4.294961
SBD 9.208605
SCR 16.903167
SDG 686.196843
SEK 11.031398
SGD 1.477655
SHP 0.853151
SLE 27.825107
SLL 23962.138936
SOS 653.607254
SRD 42.927143
STD 23651.866279
STN 24.476624
SVC 10.006444
SYP 126.306541
SZL 18.545964
THB 38.04037
TJS 10.600466
TMT 4.010925
TND 3.375103
TOP 2.751381
TRY 53.503454
TTD 7.750496
TWD 36.675625
TZS 3004.136976
UAH 50.931468
UGX 4174.013754
USD 1.142714
UYU 45.993861
UZS 13699.377408
VES 730.083514
VND 30055.084151
VUV 135.976049
WST 3.168958
XAF 655.362662
XAG 0.018513
XAU 0.000275
XCD 3.088241
XCG 2.061032
XDR 0.815007
XOF 655.31969
XPF 119.331742
YER 270.88029
ZAR 18.573685
ZMK 10285.792931
ZMW 21.012565
ZWL 367.953342
  • CMSC

    0.0400

    21.99

    +0.18%

  • RIO

    1.0700

    94.42

    +1.13%

  • NGG

    2.6700

    82.85

    +3.22%

  • RBGPF

    2.5400

    68.15

    +3.73%

  • GSK

    2.3600

    53.66

    +4.4%

  • CMSD

    -0.0300

    22.15

    -0.14%

  • BTI

    1.2100

    61.77

    +1.96%

  • BCE

    0.4000

    21.42

    +1.87%

  • RELX

    0.5500

    31.93

    +1.72%

  • RYCEF

    0.5400

    19.68

    +2.74%

  • AZN

    11.2900

    195.15

    +5.79%

  • BCC

    0.4500

    75.93

    +0.59%

  • JRI

    0.0600

    13

    +0.46%

  • VOD

    0.1400

    13.15

    +1.06%

  • BP

    1.2500

    37.4

    +3.34%

South Korea hosts Xi as Chinese leader rekindles fraught ties
South Korea hosts Xi as Chinese leader rekindles fraught ties / Photo: - - YONHAP/AFP

South Korea hosts Xi as Chinese leader rekindles fraught ties

South Korean President Lee Jae Myung hosted Xi Jinping for their first meeting on Saturday as the Chinese head of state took centre stage and reforged old ties at an Asian summit from which US leader Donald Trump was largely absent.

Text size:

The talks on the sidelines of the APEC gathering came on the final day of Xi's first trip to South Korea in more than a decade and a day after his meeting with Canada's premier that was a reset of the nations' damaged ties.

Trump had flown to South Korea for the summit, but promptly jetted home Thursday after sealing a trade war pause with Xi, with the two agreeing to dial down a dispute that has roiled markets and disrupted global supply chains.

Trump's departure left the Chinese leader to take centre stage at the Asia-Pacific Economic Cooperation summit, where he framed Beijing as a responsible power against the chaos unleashed by the United States on the international order.

Lee welcomed Xi at a grand opening ceremony complete with soldiers wearing traditional garb.

The visit was the Chinese leader's first since 2014 and comes after years of strained ties over everything from trade to cultural disputes.

Lee told Xi he had "long looked forward to meeting you in person" and framed his trip as a reset in relations.

"As our two countries move from a vertical structure of economic cooperation to a more horizontal and mutually beneficial one, we must work together to build a relationship that delivers shared prosperity," Lee told Xi, whose vast economy represents South Korea's largest trading partner.

Xi, in turn, described China and South Korea as "important neighbours that cannot be moved and also partners that cannot be separated".

Lee also pitched China as a partner in South Korea's efforts to rekindle frayed ties with the North, with which it remains technically at war.

Stressing the need for "stability" in the region, Lee noted "recent high-level exchanges between China and North Korea" -- a reference to leader Kim Jong Un's recent attendance at a major military parade in Beijing.

Those meetings, Lee said, "are helping to create conditions for renewed engagement with Pyongyang".

"I hope that South Korea and China will strengthen strategic communication... and work together to resume dialogue with the North," Lee told Xi.

Ahead of Lee and Xi's meeting, Pyongyang had dismissed Seoul's hopes for denuclearisation as a "pipedream" which "can never be realized even if it talks about it a thousand times".

- Passing the baton -

Earlier in the day, Lee passed the APEC baton to Xi, who will host next year's summit in the southern Chinese city of Shenzhen.

With the US president absent, the Chinese leader has used APEC to reach out to countries with which Beijing has had frosty relations.

Xi met on Friday with Canadian Prime Minister Mark Carney on the sidelines of the event -- the first formal talks between the two countries' leaders since 2017.

Xi told the Liberal leader he was determined to work together to get relations back on the "right track" and invited Carney to visit China.

Carney on Saturday described the meeting as a "turning point" in ties between Ottawa and Beijing.

Canada's relations with China are among the worst of any Western nation.

But the two can find common ground as both are at the sharp end of Trump's tariff onslaught, even after Xi and the US leader's deal Thursday to dial back tensions.

Carney said Saturday he had apologised to Trump over an anti-tariff ad featuring former US leader Ronald Reagan that sent the president into a rage, leading him to cancel trade talks and slap additional 10 percent tariffs on Canada.

Trade talks would restart when the United States was "ready", Carney said.

And, he said, he had accepted Xi's invitation to visit "in the new year".

Xi also sat down on Friday with Japan's premier Sanae Takaichi for the first time since she was appointed in October.

Takaichi, Japan's first woman prime minister, has long been seen as a China hawk and has been a regular visitor to the Yasukuni shrine that honours Japan's war dead, a site that angers China and South Korea.

She told Xi that she wanted a "strategic and mutually beneficial relationship".

M.Ito--JT