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South Korea seeks to counter China's economic coercion, diversify trading partners: Report

News Snapshot:

Despite the fact that China is South Korea's largest commercial partner, observers say Seoul's growing connections with the United States and other wealthy democratic countries demonstrate its desire to offset Beijing's economic pressure, reported Voice of America. After a month of diplomacy that included summits with the US and G7 leaders, South Korean Foreign Minister Park Jin stated Wednesday at a hearing in Seoul that "reducing our reliance on China" and "diversifying our trading partners will help our economy." President Yoon Suk Yeol convened a Cabinet meeting on Monday following the G7 summit in Hiroshima, Japan, and stated that he…

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