“The three nations agreed to expand practical cooperation in a way their people can feel its benefits,” Yoon said during a joint news conference, announcing 2025 and 2026 as the “years of cultural exchanges” among the three countries.
China typically sends its premier, not the president, to these meetings, which dictates a focus on economic rather than security issues, but the elephants were still in the room. Mere hours before the summit started, North Korea announced a plan to put a second spy satellite in orbit, drawing condemnation from Japan and South Korea. After the meeting, Seoul conducted an airstrike drill as a warning to Pyongyang.
During the talks, Li expressed uneasiness about Japan and South Korea’s expanding security cooperation with the United States, while Kishida cautioned Li about China’s belligerence in the South China Sea. According to David Boling, a Eurasia Group analyst, “China is Japan’s biggest security threat, yet China is also Japan’s biggest trading partner. Tokyo is working mightily to balance those competing priorities.”
But that won’t be easy. In the view of Jeremy Chan, an East Asia analyst with Eurasia Group Japan, “Common economic interests remain the ballast that holds trilateral cooperation together, but growing misalignment over regional security related to North Korea, Taiwan, and the South China Sea – as well as rising US-China competition – will prevent closer economic cooperation among the three countries.”
Meanwhile, just across the East China Sea, a US congressional delegation met Taiwan's new President Lai Ching-te on Monday, reaffirming Washington’s “strong support of this beautiful island.”Michael McCaul, head of the House Foreign Affairs Committee, condemned China's recent military drills and pledged to expedite Taiwan's delayed US weapons purchases, while China’s Foreign Ministry said it “firmly opposed” the visit and had lodged stern representations with Washington.
We’ll be watching to see whether the visit speeds those weapons systems to their destination – or provokes more military maneuvers from Beijing.
The European Union just pulled off something that, a year ago, seemed politically impossible: it froze $247 billion in Russian central bank assets indefinitely, stripping the Kremlin of one of its most reliable pressure points.
Walmart’s $350 billion commitment to American manufacturing means two-thirds of the products we buy come straight from our backyard to yours. From New Jersey hot sauce to grills made in Tennessee, Walmart is stocking the shelves with products rooted in local communities. The impact? Over 750,000 American jobs - putting more people to work and keeping communities strong. Learn more here.
Of all the threats to the world, what are the top 10 most urgent global risks for 2026? On Monday, January 5, at 12 pm ET, join us for a livestream discussion with Ian Bremmer and global experts to discuss the Top Risks of 2025 report from Eurasia Group. This report will mark twenty years of Ian Bremmer’s annual forecast of the political risks that are most likely to play out over the year. Event link: gzeromedia.com/toprisks
In this episode of Tools and Weapons, Microsoft Vice Chair and President Brad Smith sits down with Ed Policy, President and CEO of the Green Bay Packers, to discuss how purpose-driven leadership and innovation are shaping the future of one of the world’s most iconic sports franchises. Ed shares how technology and community-focused initiatives, from Titletown Tech to health and safety innovations on the field, are transforming not just the game of football, but the economy and culture of Green Bay itself. He explains how combining strategic vision with investment in local startups is keeping talent in the Midwest and creating opportunities that extend far beyond Lambeau Field.
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