South Korea and China signed seven memorandums of understanding (MOUs) on Saturday, including currency swaps and joint responses to online scams, to broaden cooperation in practical areas, the presidential office said.

Trump called a pending trade deal with South Korea 'pretty much finalized' after months of deadlock over details of investment in the US.

It needs the United States for defense and has spent billions building factories in America. But a Trump trade deal this week with China could erase a Korean edge in the U.S. market.

China’s President Xi Jinping will meet his new South Korean counterpart Lee Jae Myung as both leaders work to rebuild ties between their two countries, after years of Seoul moving closer to the US.

Donald Trump has said he has given South Korea permission to build nuclear-powered submarines in Philadelphia, in an announcement that could rattle China as the US president prepares to meet Xi Jinping.

President Donald Trump said he had an “amazing” meeting with Chinese President Xi Jinping, where “a lot of decisions were made” on fentanyl, rare earth minerals and more.

Asia-Pacific markets traded mostly higher as investors weigh the state of the economy after a truce between Donald Trump and Xi Jinping.

South Korea told President Trump a stealthy submarine will reduce the burden on American forces as threats from Beijing and Pyongyang rise.