Blue House: South Korea to hold summit with China on Saturday

China Prime Minister Li Keqiang

China Prime Minister Li Keqiang

South Korean President Moon Jae-in will visit China for a summit in December, his office said, with tensions over North Korea's nuclear weapons program high on the agenda.

While ties between Japan and China have improved since a long-running territorial dispute flared in 2012, Abe hasn't succeeded in dispelling the chill.

A state-run Chinese newspaper says there are signs that South Korea and China are reinvigorating their bilateral exchanges in various areas, including economy, culture, tourism and academia.

The Chinese Foreign Ministry said in a statement afterward that Xi reiterated China's position on Thaad and that Moon said that he recognized China's concerns and that Korea has no intention of harming its security interests.

Moon said to Xi during the meeting, "Korea-China relations briefly faced difficulty, but on the other hand, it was an opportunity to reconfirm how valuable we are to one another".

The draft adopted a harsher tone toward Pyongyang compared to the previous statement in 2016, which expressed "serious concern" over the North Korea issue.

Round-up of South Korean financial markets: South Korea's KOSPI stock index weakened on Monday.

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"Even if North Korea does not take part, the 2020 Summer Olympic Games will be held in Tokyo and the 2022 Winter Olympic Games in Beijing following the PyeongChang Olympics next year".

"Investors are in a wait-and-see mode as the prospect of the U.S. tax bill remains cloudy, which is a negative factor for offshore traders", Seo Sang-young, an analyst at Kiwoom Securities, said. And Japan's relations with South Korea hit a sour note this month.

But Cui Zhiying, an worldwide relations professor at Tongji University in Shanghai, took a more cautious view.

Premier Li responded saying he saw a "bright" future for their bilateral relations, according to South Korea's Presidential website. "We are not interested in such dialogue and negotiations in the least", the North's official news agency said, referring to the country by its official name, the Democratic People's Republic of Korea.

And after his fiery speech in Da Nang on Friday, Trump arrived in the Vietnamese capital Hanoi on Saturday, where he described Xi as a "good man" who "wants to do right".

President Duterte has urged South Korea to invest more in the Philippines as he vowed to further strengthen ties between the two countries.

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