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South Korea, US, and China discuss economic cooperation at G20

South Korean Finance Minister, Choo Kyung-ho, met with his US and Chinese counterparts on the sidelines of the G20 Finance Ministers meeting in India. Choo expressed South Korean businesses' concerns over the US's Inflation Reduction Act and Chips and Science Act to US Treasury Secretary, Janet Yellen. They also discussed Yellen's recent visit to China and the improvement in relations between South Korea and Japan. Choo's conversation with China's Finance Chief, Liu Kun, centred on cooperation on supply chains, personnel exchanges, and other mutual concerns. This meeting marked the first face-to-face interaction between top finance officials from South Korea and China since 2019.


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