China appears to be stepping up to mediate between Japan and South Korea as their trade battle intensifies — a move that could prompt the U.S. to get more involved in the region, one expert says.
What's at stake for China
While relations between Japan and China have since warmed, and both sides have established a strategic relationship, said Adenwala, "that is not the case for Tokyo and Seoul right now.""China on one hand wants to help Korea and Japan to de-escalate tensions, so that it can benefit economically in increased trilateral trade. On the other hand, China could potentially benefit politically and diplomatically if the two U.S.
"While China has an interest in being seen as a promoter of free trade and maintaining good trilateral relations, the possibility for Chinese companies to benefit from a Japan-South Korea decoupling will limit Beijing's interest in becoming too involved in the dispute," Broderick said in a note on Wednesday.Still, the worsening relations between Japan and South Korea has threatened the future of a security pact signed by the two countries and the U.S.
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