South Korea’s Political Acumen Put to Test
Zhang Weiwei:
Now concerning the current relation between China and Korea. As we know, we are facing with some difficulties. Economically, from our reading of the Korean media, there was a perceived threat with the economic rise of China. China is now surpassing South Korea in terms of automobile industry, shipbuilding industry in other areas. So many Korean companies felt threatened. So what’s your view on that?
Park Tae-gyun:
I think nowadays the economic relation is not a zero sum game. We should think about the win-win strategy. On the one hand, I think that the rise of China and Chinese company would be a kind of threat to Korean company. But on the other hand, that could make another chance to have more progress from the Korean perspective. So I think we should talk about both. With regard to the relationship. We have to the consider our relationship for 2016, China and South Korea had really great relationship before 2016. So I think we can recover their kind of relationship in the future. In order to do that, we need more communication, more collaboration. In particular, at the level of the intellectuals, level of the young generation and civil society. We need that kind of mutual understanding, more and more.
Zhang Weiwei:
One difficulty I perceived is the United States and this pressure on South Korea as the ally against China, especially in the field of high tech.
For instance, I read the conversations by Huawei leader Ren Zheng Fei, and he’s very open minded. He said, I prefer to have a good cooperations with South Korea, with Japan, with US, with other countries. Yet, because of the imposition of this tech war on China, Huawei has no choice, but to do everything on its own. In the past, if you look at the chip business, United States was strong in designing, and South Korea was strong in memory chips, and Japan was strong in materials, Chinese Taiwan was strong in subcontracting testing.
China-Korea semiconductor trade ties fray under US pressure.
Now, Huawei has passed to do it all its own and succeeded. It’s very different , US perfer “with us or against us”, you are either with United States or you are against United States. In the case of china, we don’t mind you can be very good friend of the United States, but don’t cut into China’s core interest. I think that Korean people have enough wisdom to keep some distance with the United States.
Park Tae-gyun:
I think that China also should think about the different idea of democracy, the western area. I see from the western perspective, actually very critical to the China’s democracy. But on the other hand, we have to think about the economic, the crisis in the world market. Including the US all of the government and countries that have the economic difficulties, in particular, in the post pandemic era. So through that, every country has more and more, this kind of protectionism in trade and in the world economy. But I think that they knew that the kind of economic boom in the 1990s, Actually, US-China cooperated at that time. So for the future, that kind of cooperation and collaboration between the US and China will be inevitable to overcome this kind of economic difficulties. But in the future, they realize, now it’s not because they just see only the side of the crisis. They never see the opportunity. And from Korean side actually now several scholars, they believe that is Korea have a chance, because China US have the conflict and both countries, they would like to let Korea to be their own side.
So korea should be, would be friend of china, and would be at the same time friend of US.
Zhang Weiwei:
In other words, Korea will become a bridge between two big countries.
Park Tae-gyun:
So my idea is that now is the chance for Korea.
Zhang Weiwei:
Great. So let’s keep this optimistic note.
