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World South Korea and Japan Flap Could Hit Trump’s Plans on China

13:05  03 august  2020
13:05  03 august  2020 Source:   bloomberg.com

Covid-19: North Korea reports a first "suspect" case

 Covid-19: North Korea reports a first © REUTERS - Lee Jae Won The city of Kaesong, just behind the Korean Demilitarized Zone (DMZ) separating North Korea and Korea of South, September 25, 2013. A person returning to North Korea "after illegally crossing the demarcation line" with South Korea is "suspected" of carrying the coronavirus, according to the official North Korean news agency. Korean KCNA. Pyongyang has ordered the containment of the city of Kaesong. This is a first.

The Trump administration has talked about bringing supply chains home from China , and even publicly floated the need for a group of friendly nations in Asia “The growing gap between Japan and South Korea may help China maintain a good relationship with South Korea due to their shared historical

PMIs for Japan , South Korea , and Taiwan -- among the region’ s manufacturing powerhouses -- advanced last month alongside most others in the China Factory Activity Highest Since 2011, Private Gauge Shows. A separate report Friday showed China ’ s official manufacturing purchasing managers’

(Bloomberg) -- A South Korean court is set to start liquidating assets of a Japanese company to compensate Koreans conscripted to work during colonial occupation, straining ties between two key U.S. partners just as the Trump administration needs their help in countering China.

a traffic light on a city street: A Nippon Steel Corp. plant stands in Kashima, Ibaraki Prefecture, Japan, on Wednesday, April 29, 2020. Japan’s industrial production fell less than expected in March but much steeper declines are likely ahead as a nationwide state of emergency shutters factories and keeps shoppers home to contain the coronavirus. © Bloomberg A Nippon Steel Corp. plant stands in Kashima, Ibaraki Prefecture, Japan, on Wednesday, April 29, 2020. Japan’s industrial production fell less than expected in March but much steeper declines are likely ahead as a nationwide state of emergency shutters factories and keeps shoppers home to contain the coronavirus.

A district court in the eastern city of Pohang will start a process on Tuesday to seize shares valued at about $356,000 that Japan’s Nippon Steel Corp. has in a joint venture with South Korean steelmaker Posco. No money is expected to move immediately, however, as the liquidation process requires months to realize due to procedural formalities. If Nippon Steel does not appeal the case within seven days, the order becomes effective and will likely inflame tensions as Japan has said the order is unlawful.

S. Korean, Hungarian FMs discuss cooperation amid pandemic

  S. Korean, Hungarian FMs discuss cooperation amid pandemic SEOUL, South Korea (AP) — The foreign ministers of South Korea and Hungary met in Seoul on Monday to discuss maintaining bilateral cooperation amid the COVID-19 pandemic, South Korea's Foreign Ministry said. During their meeting, South Korean Foreign Minister Kang Kyung-wha thanked Hungary for its decision to lift entry restrictions for South Koreans and stressed that the countries continue to ensure exchanges between “essential personnel” such as businesspeople.

South Korea ’ s decision, days after the Trump administration broke off talks over the cost of “They can and should contribute more.” American troops are stationed in South Korea and a small Intelligence sharing between Japan and South Korea allows both countries to swap information

Confused, shocked, bewildered. Just a few of the words used in recent days to describe Japan and South Korea 's reaction to Donald Trump ' s latest comments.

The two countries have seen threats to their enmeshed economies and their joint security efforts following South Korea’s Supreme Court ruling in 2018 that Nippon Steel and Mitsubishi Heavy Industries Ltd. were liable to compensate for forced labor during the 1910-1945 colonial period.

The renewed acrimony could prove troublesome for Donald Trump, as his administration has stepped up its pressure campaign against China, seeking help from allies to contain Beijing’s push into the South China Sea and block Chinese technology on the grounds of posing security risks.

For more on Japan-South Korea:
Why Japan’s Feud With South Korea Isn’t Going Away: QuickTakeJapan-South Korea Bickering Drags On After Intel Pact Rescue WTO Agrees to Mediate Japan, South Korea Electronics Dispute Japan-South Korea Bickering Drags On After Intel Pact Rescue (1)

Tokyo has vowed to strike back if the liquidation takes place, while Seoul has said it has already reviewed possible countermeasures in response.

Badminton's China, Japan Opens axed because of coronavirus

  Badminton's China, Japan Opens axed because of coronavirus Badminton's prestigious China and Japan Opens were cancelled Wednesday by the Badminton World Federation as it announced that four September tournaments in Asia would not be played because of the coronavirus pandemic. The Taipei Open from September 1-6, the Korea Open (Sept 8-13), the China Open (Sept 15-20) and the Japan Open (Sept 22-27) were all axed. "We are deeply disappointed to have to cancel tournaments, but feel that the wellbeing of everyone involved is most important at this time," BWF Secretary General Thomas Lund said in a statement.

On the campaign trail, Trump criticised Japan and South Korea for free-riding on US military power, and said both countries should acquire nuclear China ’ s economic rise and Japan ’ s relative decline have only reinforced this trend. In both capitals, the domestic tail now wags the diplomatic dog as

A trade spat between Japan and South Korea threatens to spill beyond their borders, posing potential risks to consumer electronics supplies around the world. The row stems from export restrictions Tokyo imposed on certain industrial materials that Seoul needs to make semiconductors and display screens.

Japan has said all claims were completely and finally settled by a 1965 treaty that established basic relations, while Seoul believes some conscripted workers were not properly compensated for their emotional pain and suffering.

The Trump administration has been reluctant to step in and ease tensions. But last year it pressured Seoul to make a last-minute pivot to save an intelligence sharing pact with Tokyo designed to demonstrate the neighbors’ ability to cooperate independently from Washington to counter shared threats including China and North Korea.

Troublesome

The renewed tensions could also hurt the U.S. on the economic front. The Trump administration has talked about bringing supply chains home from China, and even publicly floated the need for a group of friendly nations in Asia that could help produce essential goods, seeking help from the likes of Japan, South Korea and others.

U.S. Forces’ Chief Pledges to Help Japan With Chinese Ships

  U.S. Forces’ Chief Pledges to Help Japan With Chinese Ships The commander of U.S. Forces Japan vowed to help ally Japan deal with incursions by Chinese vessels in the East China Sea, accusing Beijing of a maritime intimidation campaign against countries in the region. © Bloomberg Japan's Maritime Self-Defense Force destroyer ship Kurama, left, leads a troop of vessels during a fleet review at Sagami Bay, off Yokosuka, Kanagawa Prefecture, Japan. Lieutenant General Kevin Schneider told a news briefing Wednesday that pressure could soon mount for Japan and its sole military ally, the U.S., with the end of a Chinese seasonal fishing ban in the middle of August.

President-elect Donald Trump ’ s promised trade tariffs on China would likely hurt U.S. allies Japan and South Korea , which have become increasingly dependent Mr. Trump vowed to slap a 45% tariff on all imports from China if it doesn’t alter practices such as subsidizing steel and other industries, and to

US President Donald Trump on Thursday announced he intends to visit China , Japan and South Korea later this year, a blockbuster maiden Trump has repeatedly said that he will not tolerate Pyongyang developing the capability of hitting the United States with a thermonuclear weapon

The tension between Tokyo and Seoul, however, could benefit China, according to Zhao Tong, Senior Fellow at Carnegie‑Tsinghua Center in Beijing.

“The growing gap between Japan and South Korea may help China maintain a good relationship with South Korea due to their shared historical grievances toward Japan and can help ensure that a U.S.-ROK-Japan trilateral security alliance will never become real,” Zhao said, referring to South Korea by its formal name.

People in both countries see ties clouded by animosity. A poll published in June by Japan’s Yomiuri newspaper and South Korea’s Chosun Ilbo found 84% of Japanese and a record high of more than 90% of South Koreans saw the relationship between the two countries as bad.

Japanese Prime Minister Shinzo Abe and South Korean President Moon Jae-in have found support at home for taking a hard line against their neighbor. With both facing slides in their domestic support rate, making unpopular concessions to ease the tensions could lead to an even deeper fall.

Apart from the court cases over colonial-era labor, Japan and South Korea are squaring off at the World Trade Organization over Tokyo’s decision to restrict exports of electronics components vital for South Korea’s tech sector.

Tokyo has also shown concern over a memorial at a private botanical garden in Pyeongchang, east of Seoul, showing a man thought to resemble Abe prostrating himself in apology before a seated young woman who represents Koreans trafficked in Japanese imperial army brothels.

For more articles like this, please visit us at bloomberg.com

©2020 Bloomberg L.P.

China risks paying 'high cost' for South China Sea intimidation, Japan defense chief says .
China's attempts to change the status quo in the South China Sea by force risks provoking a stern response from the international community, Japanese Defense Minister Taro Kono told CNN in an exclusive interview Friday. © CNN Japanese Defense Minister Taro Kono. "Anyone who is trying to change the status quo by force needs to be forced to pay a high cost," Kono said. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.

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