THAAD economic retaliation

The two manufacturing powerhouses face similar challenges, including coercion and competition from China. Can they weather the tide together?

The problem with all this focus on Chinese economic coercion, and the related anxieties about its ability to weaponize trade, is that China hasn’t been particularly good at it.

The summit’s deliverables directly contradict previous assurances Beijing had sought on limits to trilateral cooperation.

South Korea’s economy is certainly vulnerable to Chinese economic coercion. But such pressures rarely induce countries to change their foreign policy outlook.

Both leaders believed that economics and energy concerns locked their countries into a path of appeasing threatening neighbors.

Previous moves targeting Japan, the Philippines, and South Korea, have all been pointedly unofficial.

The thaw in relations is not going to last long.

Each Chinese tourist is expected to spend 9,500 yuan (about $1,500) on average traveling abroad.

Shortly after Trump came to South Korea, President Moon met with China's top leaders, solidifying a thaw in relations.

After a breakthrough on the THAAD dispute, a group of 3,000 Chinese tourists is planning a trip to Seoul.

China has always calibrated its economic pressure to avoid a boomerang effect. The currency swap is more of the same.