Pacts to reshape bilateral relations

China-South Korea FTA and financial agreements will open fresh channels for investment

Closer economic and financial ties between China and South Korea are expected to have a significant impact on the two countries and the Asia-Pacific as a whole.

China and South Korea substantially concluded a free trade agreement in Beijing during the Asia-Pacific Economic Cooperation meeting in November. The two countries also signed a bilateral currency agreement during President Xi Jinping's visit to Seoul in July.