The agreement came after talks between South Korean Finance Minister Kim Dong-yeon and his Chinese counterpart, He Lifeng, chairman of China’s National Development and Reform Commission, earlier in the day. (Image: Yonhap)
BEIJING, Feb. 2 (Korea Bizwire) – The top economic policymakers of South Korea and China agreed to boost bilateral tourism and economic cooperation, Seoul’s finance ministry said Friday, in a sign that Beijing may stop its retaliation against South Korean companies over the stationing of a U.S. missile system.
The agreement came after talks between South Korean Finance Minister Kim Dong-yeon and his Chinese counterpart, He Lifeng, chairman of China’s National Development and Reform Commission, earlier in the day.
Kim has said he will raise the issue of difficulties encountered by South Korean firms doing business in China, who have come under pressure over Beijing’s retaliatory actions after the deployment of a missile-defense system, during the talks with He.
During the talks, Kim asked the Chinese side to swiftly resolve such difficulties, including Beijing’s ban on group tours to South Korea and other measures against South Korean firms, including Lotte and electric battery makers, according to the South Korean finance ministry.
(Yonhap)
