May 19, 2023 03:47 PM

ECONOMY

South Korea Seeks High-Level Economic Talks With China

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South Korea is a top U.S. ally but relies on China as its biggest trading partner. Photo: Bloomberg

South Korea is a top U.S. ally but relies on China as its biggest trading partner. Photo: Bloomberg

(Bloomberg) — South Korea is seeking high-level economic talks with China this year in the latest efforts to revitalize supply-chain cooperation with the world’s second-largest economy.

Finance Minister Choo Kyung-ho asked Xing Haiming, Chinese Ambassador to South Korea, for support in arranging talks between their economic ministers in Seoul, Choo’s office said in a statement. Choo is also Korea’s deputy prime minister.

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