China And South Korea Economic Diplomacy

As a branch of the study of diplomacy, economic diplomacy gradually gets the attention in the field of Foreign Affairs in various countries. With economic globalization, economic diplomacy is highlighting its advantages in the field of diplomacy. China and South Korea established diplomatic ties in1992officially. The economic development rapidly in both countries and the total trade increased. This is a good foundation for the two states’economic diplomacy.After the Cold War, the two states are all vigorously promoting national economic diplomacy, improving the economic environment of the two countries to reach a mutually beneficial win-win between the two economic state. This thesis is on the basis of introduction of Sino-Korean economic diplomacy to analyze the external effects of economic diplomacy between the two countries, and put forward appropriate solutions and suggestions for the trade imbalance and the impact of developed countries in economic diplomacy. In the long run, the Sino-Korea economic diplomacy will brings a positive impact in the field of economic, political and security between the two states. So the research of Sino-Korean economic diplomacy is meaningful in promoting the development of bilateral relations and the stability in North-East Asian region.