Published: Sun, March 11, 2018
Global Media | By Derrick Guzman

China advises US-North Korea to initiate denuclearisation talks

China advises US-North Korea to initiate denuclearisation talks

But the Winter Olympics in South Korea provided an unexpected window for diplomacy, with North Korea appearing to be pushing for a de-escalation.

On Tuesday, the South Korean government announced President Moon Jae In and North Korean leader Kim Jong Un will meet.

He cautiously welcomed Seoul's announcement that Pyongyang had offered to hold denuclearisation talks with the United States in return for security guarantees.

"This proves that China's proposal of suspension for suspension was the right prescription for the problem and created basic conditions for the improvement of inter-Korean relations", Wang said. "On March 6, Foreign Ministry spokesperson Geng Shuang issued a statement saying that" China always supports the efforts made by the DPRK and ROK to improve their relations", referring to the formal names of North Korea (the Democratic People's Republic of Korea) and South Korea (the Republic of Korea).

Speaking at a news conference on the sidelines of the annual meeting of parliament, Chinese Foreign Minister Wang Yi said the Belt and Road was a "sunshine initiative" that was open and for all to benefit from.

China supports the recent thaw in the Korean conflict and calls on the USA and North Korea to engage in dialogue "sooner rather than later, " Foreign Minister, Wang Yi, said on Thursday. "China will take necessary measures in the event of a trade war". Pyongyang's security concerns should be addressed in return for a pledge to denuclearize, he said.

U.S. President Donald Trump said last week that Washington will impose tariffs of 25 percent on steel imports and 10 percent on aluminum, apparently targeting the world's second-biggest economy.

Wang also indicated he expects more countries would cut formal ties with Taiwan, which China claims as its territory.

He and Suh Hoon (C), head of the National Intelligence Service, will head to Japan, Russia and China to brief them on the developments.

A new blueprint for cooperation between the two sides will be fostered this year. It will be just the third time in history that the countries' leaders have met.

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