The trade relationship between South Korea and China has become increasingly complex. South Korea’s exports to China have been on a downward trend. This change is driven by both market and political factors. Data released by the South Korean Ministry of Trade, Industry, and Energy on June 6th reveals a continuous decline in South Korea’s exports to China over several months. In the first five months of this year alone, South Korea’s total exports to China plummeted to a mere $49.7 billion, representing a 27
