Seoul’s geopolitical tightrope walk
South Korea is seeking to win US and Chinese hearts and minds, while pivoting to other markets, including Asean
THE Asia-Pacific Economic Cooperation (Apec) summit held from Oct 31 to Nov 1 in Gyeongju saw around 20 nations attend. Yet, for the South Korean hosts, the big two that mattered the most were the US and China.
While Seoul has long been a security ally of Washington, it increasingly finds itself in a diplomatic balancing act with Beijing given the latter’s growing influence in Asia and beyond.
This was shown at the recent summit, where South Korea skilfully positioned itself as a leader advancing economic integration and resilience across the region.
TRENDING NOW
Three Holland Village shophouses sold for S$70 million to Tat Lee Bank’s Goh family unit
About 1 in 7 Singapore families has income of at least S$30k a month; share almost doubled in 5 years
DBS completes US$1 billion significant risk transfer deal, a first for Singapore bank
Not in education, employment or training: Why more Hong Kong youths are opting out of work