Sino File | China, Japan and South Korea must choose: history or economics
- The three countries have a complicated rivalry over war history and territorial claims, but economic cooperation remains their biggest bond
- Leaders recently shared their desire for a free-trade agreement in a market of over 1.5 billion people
The three East Asian powers have taken turns at being the envy of the world with their miraculous growth after World War II, first seen by Japan, then South Korea and China. Today, China is Asia’s largest economy, Japan second and South Korea fourth. Combined, they account for a quarter of global economic output.
Since the first summit in 2008, bilateral relations between Beijing and Tokyo, Beijing and Seoul, and Tokyo and Seoul have been locked in bitter disputes over war history, territory, regional security and other issues.
The modern history of East Asia saw Japan colonising China and Korea, followed by the 1950-53 Korean war that divided Korea into two opposite alliances, in which communist China fought on the side of North Korea and Japan on the side of South Korea, led by the United States.