Korea, China agree to manage N. Korea issue peacefully

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In the statement, Seoul stated that the THAAD deployment is exclusively for defense against North Korea, while China reiterated its opposition to the system's presence in South Korea. Moon also asked the Chinese leader to visit the 2018 PyeongChang Winter Olympic Games in South Korea next year, and Xi responded, "I will make efforts to visit South Korea".

Russian Prime Minister Dmitry Medvedev is going to attend the 12th East Asia Summit in Manila on the final day of his three-day visit to the Philippines.

Still, the Chinese President said that he is looking forward to a responsible act of the South Korean government. Moon specifically mentioned a swift resumption of senior-level consultative bodies on economic issues, the reversal of a Chinese policy denying subsidies on batteries produced by South Korean businesses, and the lifting of anti-dumping regulations on South Korean imports. Xi highly regarded the agreement between the two countries, saying, "It is a new start and a good beginning".

Trump had also delivered a sharp warning to North Korea in a speech at South Korea's parliament on Wednesday, telling the country: "Do not underestimate us".

Moon meanwhile said he hoped to further enhance Korea-ASEAN relations.

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He also added that China sincerely hopes to improve the situation on the Peninsula, that could stimulate South Korea to resume dialogue and peaceful cooperation with the DPRK. It is the second summit since the meeting in Germany in July, and the first of its kind since the agreement on the improvement of the bilateral relations on October 31.

President Moon Jae-in and Chinese President Xi Jinping agreed to "normalize exchanges and cooperation in all areas" during their summit on Saturday in Da Nang, Vietnam, signaling a thaw in bilateral relations following the row over the deployment of an American antimissile system. A Cheong Wa Dae official said, "President Moon said that THAAD is not aimed at China".

The ASEAN political security engagement with the Republic of Korea remains strong to the Plus One Summit and the Ministerial Meeting.

South Korean President Moon Jae-in holds a summit with Chinese Premier Li Keqiang at the Sofitel Hotel in Manila, Philippines on November 13.

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