China calls on Japan and South Korea to reject 'protectionism' in trilateral summit

China calls on Japan and South Korea to reject 'protectionism' in trilateral summit

May 27, 2024 by CNBC

Key Facts

  • (Photo by Ahn Young-Joon - Pool/Getty Images) Pool | Getty Images News | Getty Images China on Monday urged Japan and South Korea to reject “protectionism” and uphold free trade as leaders of the countries met in a trilateral summit in Seoul.
  • This is the ninth such trilateral summit between China, Japan and South Korea, but their first in more than four years as they seek to reinvigorate economic and security ties.
  • China wants to lure both South Korea and Japan away from the initiatives that the United States has put on the table, he told CNBC’s “Capital Connection” on Monday.
  • “Under President Biden, there’s been tremendous success in terms of bringing Seoul, Tokyo and Washington together through the Camp David principles,” he said, adding China is wary of this cooperation and wants to drive a “wedge” between the U.S.

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