In a move straight out of a global trade playbook, Chinese Commerce Minister Wang Wentao and ROK Trade Minister Kim Jung-kwan held high-stakes talks in Gyeongju this weekend. Their mission? To future-proof industrial supply chains and supercharge Asia's economic teamwork. 💼
Hotlines & Handshakes
The dynamic duo proposed creating a supply chain hotline and export control dialogues – think WhatsApp for trade emergencies! 📱 Wang emphasized keeping China-ROK manufacturing flows "smooth like K-pop dance routines," while pushing for faster progress on a trilateral free trade deal with Japan.
Multilateral Moves
Both ministers agreed to:
- 🔄 Turbocharge WTO and RCEP cooperation
- 📈 Accelerate phase two of their bilateral trade pact
- 🌐 Expand local-level business collabs
"China remains our MVP economic partner," said Kim, hinting at deeper tech and investment ties. Meanwhile, Wang dropped the mic on protecting free trade: "This isn't just about us – it's about keeping the global economic concert in tune." 🎤
Reference(s):
Chinese, ROK ministers exchange views on supply chain stability
cgtn.com
