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Saturday, 15 May 2010 - Ship sinking overshadows East Asia meeting |
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    Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared Whoops! Google says mistakenly got wireless data 14 May 2010 Exclusive: Waddell is mystery trader in market plunge 14 May 2010 Google says mistakenly got wireless data 5:18am EDT Fighting spreads in Thai capital | Video 11:18am EDT U.S., UK issue warnings on Bangkok 9:34am EDT UK airspace may close due to volcanic ash 8:57am EDT Obama pushes Wall Street reform with populism 6:05am EDT US bankruptcies resume upward path in 1st quarter 14 May 2010 Euro-zone troubles may keep stocks on edge | Video 14 May 2010 Euro at 18-month low on debt woes | Video 14 May 2010 Whoops! Google says mistakenly got wireless data 14 May 2010 Exclusive: Waddell is mystery trader in market plunge 14 May 2010 Fighting spreads in Thai capital | Video 11:18am EDT Google says mistakenly got wireless data 5:18am EDT US bankruptcies resume upward path in 1st quarter 14 May 2010 Exclusive: Waddell is mystery trader in market plunge 1:34am EDT U.S., UK issue warnings on Bangkok 9:34am EDT UK airspace may close due to volcanic ash 8:57am EDT Australian teenager finishes round-world solo sail | Video 11:43am EDT U.S. reverses stance on treaty to regulate arms trade 14 Oct 2009 China Is China to blame for U.S. woes? Have differences between the two global powers affected America's attitudes toward China? Take our poll and share your thoughts.  Full Article  Markets eye "window" for yuan reform Ship sinking overshadows East Asia meeting Jack Kim GYEONGJU, South Korea Sat May 15, 2010 8:52am EDT Related News South Korea closer to blaming North for sinking ship Thu, May 13 2010 U.S. links Cheonan probe to stance toward N.Korea Mon, May 10 2010 China's embrace of North Korea's Kim irks neighbors Fri, May 7 2010 Factbox: Ties between China and North Korea Fri, May 7 2010 Q+A: What is next for North Korea nuclear diplomacy? Fri, May 7 2010 GYEONGJU, South Korea (Reuters) - China sought on Saturday to cool South Korea's exasperation with Pyongyang, which is widely believed to have torpedoed one of the South's warships two months ago, killing 46 sailors. World  |  China  |  South Korea Officials are being tight-lipped about blame until the result of an investigation into the sinking of the Cheonan is announced next week. In the South, unofficially there is little doubt that its isolated neighbor attacked the navy corvette near their disputed sea border in March. "We explained where the investigations are at the current stage," Kim Young-sun, South Korea's Foreign Ministry spokesman, said after talks between the Chinese and South Korean foreign ministers. "The Chinese side commented that it had expressed its condolences for the unfortunate incident on several occasions in the past and listened to our explanations." Chinese Foreign Ministry spokesman Ma Zhaoxu said all sides must exercise "calm and restrain to appropriately deal with the issues concerned," Xinhua said. The talks were held on the sidelines of an East Asia conference between the top diplomats from China, Japan and South Korea. Japanese Foreign Minister Katsuya Okada told the three-way meeting later in the day that Tokyo would oppose the resumption of six-country nuclear disarmament talks involving the North if Pyongyang is found to be the culprit. China hosts the negotiations that would compensate the North with massive economic aid if Pyongyang takes moves to scrap its nuclear arms program, but the destitute state has boycotted the forum for more than a year. DEEPENING CHILL China, the North's only major ally, irritated major trading partner South Korea earlier this month by hosting the reclusive North Korean leader Kim Jong-il on a rare trip abroad -- before the outcome of the investigation was announced. Seoul, its relations with the North in a deepening chill, had been hoping China would try to rein in its unruly neighbor. But a number of analysts believe China is so nervous about a collapse of the impoverished state that it is prepared to prop up Kim's government at almost any cost. Yonhap news agency quoted an unidentified source as saying Chinese Foreign Minister Yang Jiechi had urged a measured response against whoever may have been behind the attack. "(Yang) stressed the importance of conducting a scientific and objective investigation," the source said. Senior South Korean officials declined to detail Yang's comments at the meeting in the ancient capital of Shilla, the Buddhist kingdom that ruled the Korean peninsula in the first millennium. South Korea knows it cannot launch a retaliatory strike against the North without risking greater conflict and undermining its own economy, which is just recovering from the global financial slump. But it does want international punishment of the North. That would likely mean even tougher sanctions by the United Nations, which would need China's support to take effect. There is media speculation in South Korea that U.S. Secretary of State Hillary Clinton will visit Seoul later this month in a show of support over the sinking. China last year joined the international community in U.N. Security Council sanctions against the North for a defiant nuclear test, hurting Pyongyang's once lucrative arms trade that was a key source of scarce hard cash. On an unrelated note that reflected simmering tension between China and Japan that recently involved coast guard activities in waters that border them, Okada told Yang that China should cut its nuclear arsenal, a call rebuffed by the Chinese minister as grounded on unnecessary concern. (Additional reporting by Linda Sieg in Tokyo and Chris Buckley in Beijing; Editing by Jonathan Thatcher and Charles Dick) World China South Korea     Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters.   © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index   Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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