
South Korea: A review of President Lee Jae-myung's first month in office
"The days of anxiety and impatience due to a president who can't do his job, a problematic first lady, martial law and impeachment are over. I feel stable now," says a person on the street in Seoul.
For another, "As stock prices recover, I'm now interested in investing."
The opinions reflect some common thoughts from people in South Korea following President Lee Jae-myung's June 4 inauguration. In a poll conducted one week after he took office, 70 percent of respondents believed he would perform his duties properly during his five-year term. South Korean President Lee Jae-myung held his first cabinet meeting on June 13.
Expectations also appear high in the business world. KOSPI, the country's major stock index, rose 14 percent in the one month since Lee took charge.
His predecessor Yoon Suk-yeol was removed from office in April following his impeachment over a botched attempt to impose martial law. Key focus
"I have worked fiercely for the past 30 days, bearing in mind the aspirations of our citizens who have endured the waves of a national crisis," said Lee at his first press conference on July 3. Lee held his first press conference on July 3.
Lee's focus appears to be on everyday South Koreans. On his first day in the top job, he met with ministers and high-ranking officials to discuss a plan to improve people's lives. His cabinet passed a bill on a supplementary budget that includes a consumption coupon program worth at least 150,000 won (about $110) per person.
Lee, who is a member of the liberal Democratic Party of Korea, is also looking to promote political unity and inclusion. He has already met with key figures from the opposition parties more than once ― a notable change from the way his predecessor managed government affairs.
During his term, Yoon took about two years to meet then-opposition leader Lee. South Korean President Lee Jae-myung met with key figures from the opposition parties on June 4.
Lee is also reaching across the aisle in his nomination of ministers. Veterans Minister nominee Kwon Oh-eul is a former member of the conservative party that is now recast as the opposition People Power Party.
Lee decided to keep Agriculture Minister Song Mi-ryung, who was originally appointed by Yoon, in the post.
In South Korea, a transition committee is usually set up after the presidential election and before the start of the new administration. That period lasts a few months while the committee discusses policies and personnel.
But with Lee assuming the presidency the day after the election, it is apparent that he and his staff devoted considerable time to preparation. So-called 'judicial risks'?
Going into the election, Lee was navigating what some news outlets have described as 'judicial risks'. But they appear to no longer be an issue, at least for now.
He faces several charges including violation of election law and breach of trust, but courts have postponed the dates of some of the trials, citing Article 84 of the Constitution. That states the president is not subject to criminal prosecution while in office, except on insurrection and treason charges. Local pundits believe all of the court proceedings will come to a halt. The Seoul Central District Court Challenges ahead
Still, there are many challenges ahead. One of them is "naeronambul", a Korean word for double standards. It is an abbreviation of a Korean phrase meaning "If I do it, it's a romance. If you do it, it's adultery."
It was a buzzword during the presidency of Moon Jae-in, who served between 2017 and 2022 and belonged to the same party as Lee. During that time the administration was widely criticized for being too lenient on Moon's inner circle.
The Lee administration is showing similar signs. Kim Min-seok, one of Lee's closest aides, has been appointed as the country's prime minister, the second-highest post in the administration.
But allegations of financial impropriety have been made against Kim. At a parliamentary hearing about his appointment, the opposition parties painted him as an inappropriate choice.
From a "naeronambul" perspective, it is worth considering that in 2022, during a hearing into the appointment of Han Duck-soo, who served as prime minister in the Yoon administration, Democratic Party politicians demanded that Han's side submit more than 1,000 documents relating to his property holdings and called for a thorough investigation. Diplomacy reinstated
Regarding relationships with other countries, Lee is playing catch-up in more ways than one. Diplomacy has largely been put on pause for most of this year due to South Korea's political turmoil. South Korean President Lee Jae-myung, fifth from right, second row, at the G7 Summit in Canada
Lee's first major trip came less than two weeks after taking office. He was invited to the G7 Summit in Canada, where he met with international leaders including Japanese Prime Minister Ishiba Shigeru. Many diplomatic experts in South Korea say that diplomacy has been completely restored, as reported in the media and other public forums.
It remains unclear exactly what kind of diplomatic approach Lee will pursue. During his speech on day one of office, he called for practical diplomacy centered on national interests. One diplomatic expert said that he was just stating the obvious. The expert has a point: Which leader doesn't consider national interests in their approach to diplomacy? Tokyo-Seoul relations Lee met Japanese Prime Minister Ishiba Shigeru on the sidelines of the G7 summit on June 17. They agreed to further develop bilateral ties.
Many Japanese remember that Lee once described Japan as an enemy nation. That statement leaves a question mark over how he will deal with historical issues that have affected bilateral relations for decades.
Lee has prioritized relations with the United States, a South Korean ally, but he needs to work with Japan to deal with urgent regional issues, including tariffs. Seoul chairs APEC
South Korea will chair the Asia-Pacific Economic Cooperation (APEC) summit this year. Lee hopes to welcome the leaders of the two superpowers, US President Donald Trump and Chinese President Xi Jinping.
The summit, which will attract global attention from around the world, will put all eyes on South Korea and Lee's ability to steer his country in a safe and secure fashion.
Page 2
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Japan Times
2 hours ago
- Japan Times
Beijing braces for U.S. trade deals that aim to shut out China
The trade truce between Washington and Beijing may be holding for now, but China is increasingly wary about what's happening elsewhere: U.S. efforts to forge deals that could isolate Chinese firms from global supply chains. Ahead of a July 9 deadline, U.S. officials are deep in talks with major trading partners in Asia and Europe, pushing for new agreements that would include restrictions on Chinese content, or secure commitments to counter what Washington sees as China's unfair trade practices. In the first such deal, U.S. President Donald Trump on Wednesday announced a tiered tariff agreement with Vietnam. Exports to the United States from the Southeast Asian nation will be charged a 20% rate, Trump said in a social media post, with 40% levied on any goods deemed to be transshipped through the country. That will hit products with components from China and possibly other nations, which are routed through Vietnam or subject to only minimal final assembly before being exported to the U.S. The approach mirrors provisions in an existing U.S. trade agreement with Mexico and Canada. Although Trump shared the broad contours of the agreement, the White House has not yet released further details, and some of the agreement could be in development, so it's unknown yet how damaging this could be for China's growing exports to Vietnam. China's Ministry of Commerce didn't respond immediately to a request for comment. India, another nation seen as close to a deal, has also been negotiating over "rules of origin.' Washington wants at least 60% of a product's value added locally to qualify as "Made in India' and benefit from the deal, it was previously reported. India has pushed to bring that down to around 35%, according to the report. "Asia's dilemma when it comes to Trump's trade war is all about dependence on U.S. final demand while relying heavily on China's value added in domestic production,' Alicia Garcia Herrero, Asia-Pacific chief economist at Natixis, said in a recent report, adding that Vietnam, Cambodia and Taiwan were among the most exposed. China, a larger trade partner than the U.S. for most Asian economies, has warned of consequences if its interests are threatened, and Foreign Minister Wang Yi is likely to raise that again on his visit to Europe this week for talks in Belgium, Germany and France. "China firmly opposes any party reaching a deal at the expense of Chinese interests in exchange for so-called tariff reductions,' the Ministry of Commerce said in a statement Saturday, repeating earlier warnings. "If this happens, China will never accept it and will resolutely counter it to safeguard its legitimate rights and interests.' The Vietnam deal risks provoking retaliatory steps from China, according to Bloomberg Economics. "Beijing has made clear that it would respond to deals that came at the expense of Chinese interests and the decision to agree to a higher tariff on goods deemed to be 'transshipped' through Vietnam may fall in that category,' Bloomberg's Rana Sajedi wrote in a research note. Trump's 90-day pause on what he called "reciprocal' tariffs on dozens of America's trading partners ends on July 9. Unless those countries reach trade deals with the U.S., they could potentially face much higher tariffs. Some governments are making moves to stay on the right side of Washington. Vietnam, Thailand and South Korea have all put in place measures to stop goods from being rerouted through their countries to the U.S. since Trump's tariffs were unveiled in April. South Korean customs announced a crackdown on transshipments, citing a rise in the practice. Taiwan's President Lai Ching-te also flagged the issue and followed up with new rules requiring all U.S.-bound exports to carry a legal declaration they were made on the island. Chinese Foreign Minister Wang Yi in Brussels on Wednesday | Bloomberg Another concern for Beijing is whether the U.S. could convince others to impose or tighten export controls on high-tech equipment, which would further hamper Chinese efforts to buy the tools it needs to produce advanced semiconductors. Taiwan in June added Huawei Technologies and Semiconductor Manufacturing International Corp. to its so-called entity list, barring Taiwanese firms from doing business with them without government approval. The pressure isn't limited to Asia. Europe, too, finds itself in a delicate position. The EU is China's largest export destination for electric vehicles, and investment from Chinese firms into the bloc plus the U.K. hit €10 billion ($12 billion) last year, according to recent research from Rhodium Group. Yet trade tensions are rising. European Commission President Ursula von der Leyen recently accused Beijing of "weaponizing' rare earths and magnets and warned of the risks posed by Chinese overcapacity. Beijing is particularly concerned that the EU might sign up to provisions similar to those in the U.K.'s deal with the U.S., which included commitments around supply chain security, export controls, and ownership rules in sectors like steel, aluminum and pharmaceuticals. While the language did not name China, Beijing criticized the agreement in a rare public statement, interpreting it as a direct challenge, the Financial Times reported. "China is clearly worried that the EU will accept the same wording as the U.K. did on export controls,' said Joerg Wuttke, a partner at the Albright Stonebridge Group in Washington and former president of the EU Chamber of Commerce in China. "They are pushing the EU not to do this, and the U.S. is pushing the EU to do it.' Brussels and Washington are aiming to reach some form of an agreement before July 9, when Washington is set to impose a 50% tariff on nearly all EU products. With European exports to the U.S. worth more than double the amount to China, the bloc sees Washington as the more important partner, giving the U.S. leverage in the talks. China's weekend statement is "obviously aimed entirely at Brussels,' said Hosuk Lee-Makiyama, director of the European Centre for International Political Economy in Brussels, who was recently in Beijing for meetings ahead of an EU-China summit this month. "China is concerned what the EU might agree with the U.S.' The long-term risk for Beijing is that these efforts coalesce into a broader shift — not just a U.S.-led campaign to curb Chinese exports, but a reshaping of global trade around "trusted' supply chains, with China increasingly on the outside. In a visit to Southeast Asia earlier this year, Chinese leader Xi Jinping urged the region to stand together as an "Asian family,' warning against trade fragmentation. Beijing has often responded to actions it opposes with targeted trade measures. When the EU imposed tariffs on Chinese electric vehicles last year, China launched antidumping probes into European brandy, dairy and pork. It halted Japanese seafood imports in 2023 after Group of Seven meetings in Japan were seen as critical of China. A spat with Australia in 2020 led to trade restrictions on billions of dollars' worth of goods, including lobsters, wine and barley. "If some agreements explicitly list China as a target and show that some countries are cooperating or collaborating with the U.S. to 'contain China,' then China will definitely respond,' said Tu Xinquan, dean of the China Institute for WTO Studies at the University of International Business and Economics in Beijing and a former adviser to the Chinese Commerce Ministry.

Japan Times
4 hours ago
- Japan Times
China urges caution — and speed — on assisted-driving technology
China's automakers are outpacing foreign rivals in their push for assisted-driving technology, eager to woo motorists hungry for rapid innovation. Yet, Beijing has a nuanced message for its rising stars: move fast — but be careful. Regulators this week have been finalizing new safety rules for driver-assistance systems as Beijing sharpens scrutiny of the technology following an accident involving a Xiaomi SU7 sedan in March. That incident killed three occupants when their car crashed seconds after the driver took control from the assisted-driving system. While Chinese officials want to prevent carmakers from overselling the capabilities of such systems, they are also threading the needle between innovation and safety to ensure their automakers don't lose out to U.S. and European rivals. Setting clear regulations for assisted-driving tech without slowing its advancement could give China's industry an edge over global competitors, analysts say. This approach is in stark contrast to the U.S. market, where companies pursuing autonomous cars have expressed frustration that the government has not implemented a regulatory system to validate and test the technology. Markus Muessig, auto industry lead at Accenture Greater China, said China's regulators and industries have long followed former Chinese leader Deng Xiaoping's "feel the stones to cross the river" philosophy. The expression means to steadily explore new, uncertain technologies, which "has proven very successful for this market," he said. Current Chinese regulations allow systems that automatically steer, brake and accelerate under certain conditions while requiring the driver to stay engaged. For that reason, marketing terms such as "smart" and "autonomous" are banned. The new rules will focus on hardware and software designs that monitor a driver's state of awareness and their capacity to take control in time. To do this, regulators enlisted Chinese automaker Dongfeng and tech giant Huawei to help draft new rules and have sought public input over a monthlong period, ending Friday. Cars wait in traffic in Shanghai. Driver-assistance systems are seen by industry analysts as the next big battleground in China's hypercompetitive car market. | reuters At the same time, government officials are pressing Chinese automakers to rapidly deploy even more-advanced systems, known as Level 3 assisted-driving, which allow drivers to take their eyes off the road in certain situations. Level 3 is the midway point on the industry's autonomous-driving scale, from basic features like cruise control at Level 1, to self-driving capability under all conditions at Level 5. The Chinese government had tapped state-owned Changan to be the first automaker to begin Level 3 validation tests in April, but the plan was paused after the Xiaomi crash, said a source familiar with the regulatory planning process. Beijing still hopes to resume such tests this year and approve the country's first Level 3 car in 2026, the source said. China's Ministry of Industry of Information Technology and Changan did not respond to requests for comment. Xiaomi has said it is cooperating with a police investigation into the accident. Driver-assistance systems are seen by industry analysts as the next big battleground in China's hypercompetitive car market. Over the past decade, Level 2 systems have proliferated in China, including Tesla's Full Self Driving system, as well as the Xiaomi feature involved in the March crash. The capability ranges from basic vehicle following on highways to handling most tasks on busy urban roads, under driver supervision. Automakers have pushed down hardware costs to levels that allow them to offer Level 2 features at little or no extra cost. China's No. 1 automaker BYD has rolled out its "God's Eye" assisted-driving software for free across its entire product line-up. More than 60% of new cars sold in China this year will have Level 2 features, according to an estimate from research firm Canalys. In its push for assisted-driving technology, and ultimately fully self-driving cars, Beijing is seeking to help homegrown carmakers just as it supported China's rapid rise to become the world's electric-car juggernaut. Last year, China's government lined up nine automakers for public tests to advance the adoption of self-driving cars. In their Level 3 push, Chinese regulators also are upping the regulatory ante by holding automakers and parts suppliers liable if their systems fail and cause an accident. Legislation passed in Britain last year adopted a similar approach to liability. At the Shanghai auto show in April, several companies touted progress toward rolling out vehicles with Level 3 capability. Tech giant Huawei said it is ready to introduce a Level 3 system for highways after simulated testing of more than 600 million kilometers. It showed a video of drivers and passengers singing karaoke as the car drove itself. Geely's Zeekr brand debuted the luxury SUV 9X, featuring Level 3 software the automaker said is ready for mass production in the third quarter if regulations allow. Zeekr is also applying to be part of a second batch of automakers to undergo government Level 3 validation tests. Meanwhile, traditional automakers at the Shanghai auto show such as Mercedes-Benz and Volkswagen said they were pushing their most advanced assisted-driving features but stopped short of crossing the Level 3 liability line. Getting there is a challenge as they are already at a cost disadvantage against their Chinese rivals, analysts say. Mercedes-Benz CTO Markus Schaefer said that while chip and computing power prices have fallen, the additional safety required for Level 3 will cost much more. "It's a moving target," Schaefer said.


NHK
6 hours ago
- NHK
S.Korean media: Yoon may have tried to provoke N.Korean military response
South Korea's special prosecution team investigating former President Yoon Suk-yeol's imposition of martial law last year says an investigation into military personnel on suspicion of aiding foreign aggression is proceeding. Local media have reported that Yoon may have ordered a drone incursion into North Korea to try to provoke a military response as a way to justify the imposition of martial law. A member of the special prosecution team spoke to reporters on Friday but did not give details of the investigation. Yonhap News Agency and other South Korean media have reported that Yoon may have ordered a drone incursion into North Korea in October to provoke a military response. The reports say the special prosecutor has obtained an audio recording of a military officer that suggests Yoon gave the order to a commander. In October, North Korea said it had found debris in Pyongyang of a drone of the same type as used by the South's military. It condemned Seoul for using drones to scatter propaganda leaflets. South Korea's military said it could not confirm the claims were true.