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South Korea Redirects Trade Focus
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Overview
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South Korea shifts focus from China to the US and Japan, impacting trade relations. US becomes top export destination, surpassing China since 2004. South Korea aims to reduce reliance on China's supply chains with the 3050 Strategy.
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How could the 3050 Strategy influence global supply chain dynamics?
How might South Korea's shift impact China's economic strategies in the region?
What challenges could South Korea face in reorienting its trade relations?
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