South Korea will propose to the US that the chip alliance cannot stimulate China


2022-08-08: [Chinese Article Link]  Source: Global Network According to the Korea Daily Economy 7 exclusive report, the United States recently proposed to the Korean side to hold a preparatory meeting on South Korea's participation in the Quadripartite League of Chips, and the Korean Government stated on 7 that it was discussing a meeting programme and decided to present the Quadripartite League to the American side at the meeting on the premise that “participant States should respect the one-China principle highlighted by China” and “without mentioning export restrictions on China”. Government departments such as the Office of the President of the Republic, the Ministry of Finance and Industry and Commercial Resources of the Republic of Korea reportedly indicated on the same day that, in response to requests from the United States, it planned to hold preparatory meetings early next month and to develop internal programmes. In response to reports that the United States had previously asked the Republic of Korea to inform it before the end of the month whether to join the Quadripartite Alliance for Chips, the Republic of Korea had suggested that “this is not a time limit to be met”. Senior officials of the Korean Government indicated that the Ministry of Foreign Affairs of the Republic of Korea would convey to the United States Department of State, through official diplomatic channels, matters related to the convening of the Quadripartite Quadripartite meeting early next week. According to the Daily Economy, the Korean government has decided to propose to the US that the future direction of semi-conductor cooperation be discussed on the basis of the “two principles.” The “two principles” are specific in terms of “the Quadripartite Alliance of Chips” participants should respect China’s emphasis on the one-China principle” and “no reference to export restrictions on China.” According to relevant sources in the Korean Government, “the Quadripartite Alliance of Chips” is an agreement for countries to create synergies in the semiconductor industry” and “not to technically isolate China's technical security alliance”. In response, China’s Foreign Ministry spokesman at the end of July said that the formation and development of global industrial chain supply chains were the result of market rule. China opposes the promotion of industrial transfer, decoupling, undermining international trade rules and breaking the global market. “We hope that the Korean side will take an objective and impartial approach, based on its long-term interests and the principle of a fair and open market, to do more for the development of relations between China and Korea and for the stability of the global industrial chain supply chain.


Note: This is a machine translated version of the Chinese news media article. A mature and nuanced reading is suggested.




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South Korea will propose to the US that the chip alliance cannot stimulate China


2022-08-08: [Article Link]  Source: Global Network According to the Korea Daily Economy 7 exclusive report, the United States recently proposed to the Korean side to hold a preparatory meeting on South Korea's participation in the Quadripartite League of Chips, and the Korean Government stated on 7 that it was discussing a meeting programme and decided to present the Quadripartite League to the American side at the meeting on the premise that “participant States should respect the one-China principle highlighted by China” and “without mentioning export restrictions on China”. Government departments such as the Office of the President of the Republic, the Ministry of Finance and Industry and Commercial Resources of the Republic of Korea reportedly indicated on the same day that, in response to requests from the United States, it planned to hold preparatory meetings early next month and to develop internal programmes. In response to reports that the United States had previously asked the Republic of Korea to inform it before the end of the month whether to join the Quadripartite Alliance for Chips, the Republic of Korea had suggested that “this is not a time limit to be met”. Senior officials of the Korean Government indicated that the Ministry of Foreign Affairs of the Republic of Korea would convey to the United States Department of State, through official diplomatic channels, matters related to the convening of the Quadripartite Quadripartite meeting early next week. According to the Daily Economy, the Korean government has decided to propose to the US that the future direction of semi-conductor cooperation be discussed on the basis of the “two principles.” The “two principles” are specific in terms of “the Quadripartite Alliance of Chips” participants should respect China’s emphasis on the one-China principle” and “no reference to export restrictions on China.” According to relevant sources in the Korean Government, “the Quadripartite Alliance of Chips” is an agreement for countries to create synergies in the semiconductor industry” and “not to technically isolate China's technical security alliance”. In response, China’s Foreign Ministry spokesman at the end of July said that the formation and development of global industrial chain supply chains were the result of market rule. China opposes the promotion of industrial transfer, decoupling, undermining international trade rules and breaking the global market. “We hope that the Korean side will take an objective and impartial approach, based on its long-term interests and the principle of a fair and open market, to do more for the development of relations between China and Korea and for the stability of the global industrial chain supply chain.

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.

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