South Korean Foreign Minister: ”China and South Korea, due to their mutual dependency, have risks”... ”We will actively pursue economic diplomacy”

On the 13th, Cho Tae-yeol, South Korean Foreign Minister, who visited Beijing for the first time in six years, met with South Korean businesspeople in China and said, "The recent changes in the South Korea-China economic relationship are serious for South Korea.
Cho, who arrived in China that morning, pledged to take an active role in economic diplomacy at the Beijing summit.
In his opening remarks at the “Dialogue with Businesspeople Expanding to China,” he said, “The high interdependence between Korea and China is
Until now, this has been the driving force behind the growth and prosperity of both economies, but it also poses risks, and so it is bound to be the most affected by the changes.
"The Chinese economy is changing to a technology-intensive industrial structure, and the economic relationship between the two countries has also changed from a mutually complementary partnership to one that is now in a state of flux," Cho said.
"It's turning into a competitive relationship," he said. "I think this is also posing a serious challenge for us."
"We hope to be able to show that Korea-China relations are moving forward step by step," Cho said.
I will do my best during this visit," he said, explaining, "We plan to strengthen communication at various levels, including the upcoming Korea-China-Japan summit."
Minister Cho also held policy consultations with the recently established Korea-China Business Council, the Korea Chamber of Commerce and Industry, and the China Center for International Economic Exchanges, and meetings with the China-Korea Chamber of Commerce and the Chinese Ministry of Commerce.
He evaluated exchanges between South Korea and China, such as the Korea-China dialogue body, as a positive signal, and emphasized that "companies and the Ministry of Foreign Affairs will work as one team to actively develop economic diplomacy."