韩国四大财团掌门人都来了！

Core Viewpoint - The article discusses the significant changes in the trade relationship between China and South Korea, highlighting a structural shift from a trade surplus for South Korea to a trade deficit, indicating a transformation in their economic dynamics [6][7]. Group 1: Trade Dynamics - In 2019, South Korea had a trade surplus of $289.7 billion with China, but by 2024, this had shifted to a trade deficit of $68.3 billion, marking a significant change in trade patterns [6][7]. - The trade surplus that South Korea enjoyed for years has been disrupted since 2023, reflecting deeper, long-term changes in the trade structure between the two countries [7]. - South Korea's reliance on exports of semiconductors, displays, and chemical products has made its trade vulnerable to cyclical downturns and geopolitical pressures, leading to the recent trade deficits [8]. Group 2: Economic Cooperation and Future Prospects - The visit of South Korean President Yoon Suk-yeol is seen as an opportunity to establish a more predictable framework for China-South Korea relations amidst ongoing U.S.-China strategic competition [8][9]. - Future cooperation areas identified include renewable energy, biotechnology, and aging-related industries, which are expected to provide stable growth opportunities for both countries [9]. - The article emphasizes the importance of high-level communication to prevent irrational decoupling due to misjudgments or policy shifts, which could destabilize investment and supply chain decisions [9][10].