S. Korea Finance Chief Hopeful of Easing Tensions With China

  • Closer economic ties possible despite diplomatic issues: Kim
  • Kim says Korea-U.S. free trade is mutually beneficial

Kim Says South Korea, China Agree to Cooperate

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South Korea’s new finance chief said he hopes China and his country can put aside their political rift to forge closer economic ties, and bring about an early end to China’s action against Korean companies as part of retaliation for Seoul’s deployment of a U.S. missile-defense system.

Speaking to Bloomberg Television’s Haslinda Amin on Saturday after the China-led Asian Infrastructure Investment Bank held its annual conference on a South Korean resort island, Finance Minister Kim Dong-yeon said that while there were still some “delicate issues” between the two countries, economic cooperation had been traditionally good and he looked forward to a “jump up” in relations.