China is by far South Korea’s largest trading partner, accounting for 25 per cent of total trade last year. Photo: AFP
South Korea looks to break China import dependence and establish ‘supply chain alliances’
- South Korea under president Yoon Suk-yeol is seeking to diversify trade away from China and boost ties with other economies in the Indo-Pacific
- But South Korea’s dependence on Chinese imports, especially those used in its world-leading electronics sector, will be hard to break
China is by far South Korea’s largest trading partner, accounting for 25 per cent of total trade last year. Photo: AFP
