For the first time in 31 years, South KoreaEconomyRecently, the Korean media was very frustrated by a "big **", and even bluntly said, "South Korea has nothing to sell to China anymore." At the same time, the data released by the relevant departments of South Korea is shocking: in the first 11 months of this year, South Korea's exports to China totaled 114 billion US dollars, and imports from China totaled 132 billion US dollars, and the ** revenue and expenditure showed a deficit of up to 18 billion US dollars. This means that South Korea will run a staggering full-year deficit with China** this year. Since the establishment of diplomatic relations between China and South Korea in 1992, this year is the first time in 31 years that South Korea has once again regained its deficit with China.
In this regard, South Korea has analyzed the reasons. On the one hand, China's ** structure has gradually changed to be driven by domestic demand, and the import demand for Chinese products has declined, resulting in the impact of South Korean products. On the other hand, South KoreaSemiconductorsThe products are facing the US sanctions against China, and the export volume has been significantly reduced. This is dependentSemiconductorsExports to South KoreaEconomyis undoubtedly worse off.
In recent years, Yoon Suk-yeol has been pursuing a "** policy" and has adopted various sanctions against China. This has led to a decline in the enthusiasm for cooperation between China and South Korea. Yoon Suk-yeol ** followed in the footsteps of the United States and becameChina and the United StatesA member of the "confrontation", which dealt a huge blow to South Korea in terms of technological blockade. The U.S. sanctions against China have been accompanied by sanctions against South KoreaTechnologycontainment, which makesKorean companiesFacing the dilemma of shortage of technology and raw materials. In fact, China has also taken countermeasures, such as the recent restrictions on South Korea's graphite and urea exports, so thatKorean companiesWe had to face serious challenges.
South Korea signed a contract with the Netherlands".SemiconductorsAlliance", trying to resist with thisChina and the United StatesThe pressure of the "chip war", but compared to the huge cooperation with China, the effect of this "roundabout" strategy is worrying. The Chinese market is an important market for South Korea, and it has lost the huge market of China, South KoreaSemiconductorsThe industry will be hit hard.
In his relations with the United States, Yoon Suk-yeol has worked hard to curry favor with the United States, even disregarding his own dignity. Yoon Suk-yeol was asked to sing on stage at a White House dinner during his visit to the United States, and he did not hesitate to sing "American Pie." This scene was transmitted back to South Korea, causing dissatisfaction and sarcasm among the people. Many netizens said, "Practicing English hard", just to make a splash, is really ridiculous.
Yoon Suk-yeol's "** policy not only did not win real support from the United States, but instead led to South Korea's inChina and the United States** Hit hard in battle. The resurgence of the deficit with China has made people reflect on the wisdom of Yoon Suk-yeol's policies.
Facing South KoreaEconomyThe difficulties encountered, especially the problem of the deficit with China, South Korea needs to deal with itEconomyDevelopment for deep reflection. Pursuing a single market dependence is no longer viable, and South Korea needs to diversify its development path. In addition to increasing the development of domestic demand, South Korea can also actively look for partners in other countries to expand new opportunities and markets.
At the same time, South Korea also needs to review its own industrial structure, increase support and development of local industries, and reduce its dependence on imports. South Korea is making great effortsBatterymarket, butBatteryManufacturing requires a large amount of raw materials and mineral products from China, which is one of the reasons for the deficit with China. South Korea can strengthen its presence with ChinaBatteryIndustry cooperation, strive inChainon a larger share.
In a word, South KoreaEconomyThe predicament encountered should be a wake-up call, and Yoon Suk-yeol should seriously reflect on the rationality of his policy and seek a more balanced and diversified diplomacyEconomyDevelopment path. Only in this way can South Korea emerge from its current predicament and achieve sustainabilityEconomyProsperity.