The China Mail - South Korea hosts Xi as Chinese leader rekindles fraught ties

USD -
AED 3.672498
AFN 63.503463
ALL 83.463315
AMD 376.986282
ANG 1.790083
AOA 916.999701
ARS 1385.5001
AUD 1.455519
AWG 1.8
AZN 1.697717
BAM 1.699513
BBD 2.014051
BDT 122.697254
BGN 1.709309
BHD 0.377509
BIF 2970.416618
BMD 1
BND 1.287696
BOB 6.935386
BRL 5.249203
BSD 0.999996
BTN 94.787611
BWP 13.787859
BYN 2.976638
BYR 19600
BZD 2.011105
CAD 1.38957
CDF 2282.497331
CHF 0.79815
CLF 0.023381
CLP 923.220134
CNY 6.91185
CNH 6.910575
COP 3675.3
CRC 464.366558
CUC 1
CUP 26.5
CVE 95.823032
CZK 21.287398
DJF 178.063563
DKK 6.487585
DOP 59.522516
DZD 133.12557
EGP 53.60199
ERN 15
ETB 154.582495
EUR 0.868195
FJD 2.24025
FKP 0.752712
GBP 0.753015
GEL 2.679845
GGP 0.752712
GHS 10.957154
GIP 0.752712
GMD 73.496975
GNF 8767.699413
GTQ 7.653569
GYD 209.330315
HKD 7.83265
HNL 26.549649
HRK 6.542699
HTG 131.078738
HUF 337.827038
IDR 16992
ILS 3.13965
IMP 0.752712
INR 94.54595
IQD 1309.975365
IRR 1313250.000126
ISK 124.680163
JEP 0.752712
JMD 157.400126
JOD 0.709001
JPY 159.638505
KES 130.050221
KGS 87.450178
KHR 4004.935568
KMF 427.999997
KPW 900.00296
KRW 1515.180048
KWD 0.308023
KYD 0.833344
KZT 483.44391
LAK 21749.12344
LBP 89547.486737
LKR 314.996893
LRD 183.502503
LSL 17.171359
LTL 2.95274
LVL 0.60489
LYD 6.383247
MAD 9.346391
MDL 17.564303
MGA 4167.481307
MKD 53.547773
MMK 2098.832611
MNT 3571.142668
MOP 8.068492
MRU 39.926487
MUR 46.9159
MVR 15.449664
MWK 1733.901626
MXN 18.05465
MYR 4.019496
MZN 63.949773
NAD 17.171583
NGN 1382.179868
NIO 36.800007
NOK 9.73768
NPR 151.645993
NZD 1.74163
OMR 0.384435
PAB 1.000013
PEN 3.483403
PGK 4.321285
PHP 60.756974
PKR 279.086043
PLN 3.715515
PYG 6537.91845
QAR 3.646009
RON 4.4255
RSD 101.931978
RUB 81.502485
RWF 1460.256772
SAR 3.752499
SBD 8.042037
SCR 14.901688
SDG 600.999691
SEK 9.45515
SGD 1.28755
SHP 0.750259
SLE 24.550138
SLL 20969.510825
SOS 571.503052
SRD 37.600996
STD 20697.981008
STN 21.28926
SVC 8.74968
SYP 110.527654
SZL 17.169497
THB 32.779898
TJS 9.555322
TMT 3.5
TND 2.948402
TOP 2.40776
TRY 44.41694
TTD 6.794374
TWD 32.0145
TZS 2584.999806
UAH 43.831285
UGX 3725.347921
UYU 40.479004
UZS 12195.153743
VES 467.928355
VND 26335
VUV 119.385423
WST 2.775484
XAF 569.988487
XAG 0.014146
XAU 0.000221
XCD 2.70255
XCG 1.802248
XDR 0.708991
XOF 569.988487
XPF 103.633607
YER 238.59797
ZAR 17.06745
ZMK 9001.197652
ZMW 18.824133
ZWL 321.999592
  • RBGPF

    -13.5000

    69

    -19.57%

  • CMSD

    -0.1600

    22.5

    -0.71%

  • BCE

    -0.0200

    25.23

    -0.08%

  • RELX

    0.7800

    32.75

    +2.38%

  • GSK

    0.3900

    54.23

    +0.72%

  • RYCEF

    -0.3000

    14.35

    -2.09%

  • BCC

    0.5200

    74.95

    +0.69%

  • CMSC

    -0.1000

    22.67

    -0.44%

  • NGG

    1.7700

    83.69

    +2.11%

  • RIO

    2.1800

    88.82

    +2.45%

  • BTI

    0.4600

    58.26

    +0.79%

  • AZN

    5.4600

    193.88

    +2.82%

  • VOD

    0.2100

    14.7

    +1.43%

  • JRI

    0.1200

    11.92

    +1.01%

  • BP

    0.6700

    47.35

    +1.41%

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.Chau--ThChM