As the West pushes to de-risk its trade and supply chains away from China, South Korea, which is historically situated along the geopolitical fault line between the United States and China, has been on the front line of the supply chain shift in the region. Since China's accession into the World Trade Organization (WTO) in 2001, South Korea has benefited from the rapid economic growth of China and has maintained China as its number one trading partner for the last two decades, accounting for a quarter of total trade.
South Korea's exports to China have dropped while exports to the United…
