Moon, Xi to hold bilateral summit, normalize ties soured by THAAD

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The leaders of South Korea and China on Saturday reaffirmed their joint efforts to peacefully resolve North Korea's nuclear problem in a summit highlighting the recent normalization of bilateral ties estranged by the deployment of a USA missile defense system in South Korea.

And on the sidelines, President Moon is expected to have a bilateral summit with his Chinese counterpart, Xi Jinping. They first met in Berlin in July before they headed to Hamburg for a Group of 20 summit.

Indonesian President Joko Widodo (R) and South Korean President Moon Jae-in attend a joint press conference in Bogor, Indonesia on November 9, 2017. There are also signs of a battle of nerves for economic leadership in the Asia-Pacific region between the U.S. and China, dominant players in the global economy.

Xi reportedly said that China attaches much importance to its relations with South Korea and hopes the two nations will make their utmost efforts to foster a healthy and stable development of their ties. The leaders have agreed to hold a bilateral summit on the sidelines of the APEC forum, scheduled to end Saturday.

Philippines: South Korean Government has announced on 3 November that it will allow visa-free entry for tourists from 3 Southeast Asian countries - the Philippines, Indonesia, and Vietnam until April 2018.

By agreeing on Moon's visit to Beijing in December, the first step is now seen as having been achieved.

"Also, I am glad that our two countries have agreed to normalize exchanges and cooperation in all areas", Moon said, according to Cheong Wa Dae pool reports. "South Korea must expand its imports of agricultural goods or resources from Asean countries in the future", he said.