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Yoon Seok - yeol wins the 20th presidential election...with a narrow margin of 1 percentage point.
Yoon Seok-yeol of the opposition party won the 20th presidential election by a narrow margin of 1 percent.Conservative parties have taken back the chair where pro-China and pro-North Korean left-wing presidents sat for five years.Yoon strongly criticized the Moon Jae In administration's policies and is eager to improve relations with Japan by taking a pro-U.S. stance.However, there are many concerns.
The future of the Korean economy, which relies heavily on the Chinese economy, is uncertain because the Democratic Party won about 60% of the seats in the 2020 general elections and Yoon Seok-yeol mentioned the deployment of THAAD.And even if Japan is eager to improve relations, it is based on Japan's apology and compensation, and in fact, it is drawing a starting line in the same place as the Moon Jae In administration.
The Japanese government is expected to remain parallel for a while because it is difficult to change its position that it has already been resolved through the Japan-South Korea Claim Agreement and the Japanese Military Sexual Slavery Agreement.However, the anti-Japanese movement is expected to subside as Korea's anti-Japanese sentiment is limited to Japanese Military Sexual Slavery and recruitment issues, but the Japanese government is expected to use U.S. power to demand an apology from Japan.
The election results are close to 1%, so regions with significant results are:
North Gyeongsang Province: 72.83% for Yoon Seok-yeol, 23.73% for Lee Jae-myeong
North Jeolla Province: 83.05% for Lee Jae-myeong, 14.36% for Yoon Seok-yeol
South Jeolla Province: Lee Jae-myeong 86.22%, Yoon Seok-yeol 11.34%
Gwangju Metropolitan City: Lee Jae-myeong 85%, Yoon Seok-yeol 12.56%
The difference is between 5% and 20% at most, regardless of which of the four regions is dominant.In any case, Lee Jae-myung's approval rating is close to 1 percent depending on the Honam region.Lee Jae-myung won only in Gyeonggi Province, Sejong Special Self-Governing Province, and Jeju Special Self-Governing Province.I heard that Moon Jae In also became president with the support of the Honam region.This is an enthusiastic pro-China anti-Japanese area, and this is probably the central area where they want to sell their seafood by inciting harmful rumors of Fukushima Prefecture seafood and criticizing Fukushima treated water.
First of all, it's a good thing that a conservative president takes office as a choice for better one, but Japan needs to calmly identify the other person.
The exchange won rate has not stopped falling.The No Japan movement is a campaign to buy domestic products.Nothing will change under the chaebol economy.
South Korea's trade dependence on GDP is more than 70 percent, including the service sector.In other words, domestic demand is low and foreign exchange is directly affected.Even if foreign demand is received, it does not circulate at home and flows abroad.If the person who made the purchase contract increases the dollar by 5% at the time of payment, the payment will increase by 5%.The won-dollar exchange rate is 1,200 won, but it has been hovering around 1,200 won in recent days.
In order to maintain international competitiveness, chaebol companies such as SAMSUNG buy parts in bulk and produce them in bulk to reduce costs and sell them at low prices.In this case, large debts are always carried out and large payments are repeated, and problems arise when the value of the currency changes significantly during that period.This is the so-called default.Under these circumstances, the won's international credit rating has not increased, and South Korean companies can trade in dollars depending on the L/C of Japanese commercial banks.
South Korea experienced two foreign exchange crises in 1997 and 2008.No country will experience two foreign exchange crises in 10 years.In other words, South Korea's industrial form is vulnerable, and in short, it is trading beyond its currency capabilities.
Considering what Moon Jae In wants to do, the real intention is to socialize, control the currency, and stabilize the value of the won.Do you think the boycott is a campaign to buy domestic goods if it is reversed?
South Korea is listed by the FRB as a currency manipulator.
The reason why domestic demand is not expanding is the existence of chaebol companies.The role of chaebol companies in driving the Korean economy is important, but on the other hand, investment in chaebol companies is concentrated and other industries are not growing.In addition to the businesses run by chaebol companies, how can Korean companies grow globally?It can only be done with its own money without investment.
This structure will not change even if there is a boycott Japan.As a currency manipulator, even if it leaves the liberal economy, it will not change.It is necessary for the government to take the lead in fostering domestic demand and to attract investment in what industries to foster domestic small and medium-sized enterprises.The boycott Japan does not mean that South Korean domestic companies' sales will increase.
Moon Jae In's term of office is less than three months, and criticism from his country seems to be gathering.I think it's quite late from Japan view.
Looking at Mr. Yoon Suk Yeol's argument, the content of the liberal camp, which is the opposite of the pro - China and pro - North Moon Jae In administration
- Regarding diplomacy: Diplomacy is not visible in the Moon Jae-in government. His philosophy and values are also unclear. A clear value system should make our future predictable, but this is lacking.
These include the rule of law, liberal democracy, the value of human rights, and a codified international legal order. We must maintain and develop relationships between countries that share this same understanding.
[Yin Seok-yue's claim]
Regarding historical issues: We must always clearly define past history based on truth, and point out what needs to be pointed out. In matters of reality and the future, the interests of the people and the nation must be considered. After all, it's for future generations.
About Kim Jong-un: Kim Jong-un is judged to be a dictator in the light of modern civilized nations and liberal democratic systems. At the same time, he is a very decisive figure for the denuclearization of North Korea, for the Korean peninsula and for sustainable world peace, so he is a partner who must keep an outlet for dialogue open.
Security and defense: The right direction is for the United States to strengthen the expansionary restraint it provides to friendly countries through intercontinental ballistic missiles.
About the United States: The Biden administration of the United States is determined to overwhelm China with cutting-edge technology and to bring its standards to China. Global business will be difficult to establish if companies turn their backs on the United States, so the government must lead companies with ``strategic clarity.''
THAAD: Regarding the deployment of the THAAD system, it is ``clearly our sovereign territory,'' but it is a ``horizontal relationship with China.''
Regarding China: In order to insist on withdrawal of THAAD deployment, China must first withdraw long-range radars deployed near its own borders. Fulfill the agreement to normalize relations between South Korea and China unless additional THAAD deployments are made.
Contents are normal. The impression is that it follows the trend of the latter half of the Park Geun-hye administration. Since it is difficult to win with the current point difference, the focus will be on how concrete this content can be and whether it can create a message that can gather floating votes.
South Korean President with 28% Approval Rating - Breaks Promises to China if Seeking Relations with Japan - Country that Breaks Promises to Japan if China [Contents]
South Korea's new president with low approval rating
It's advantageous if you don't make achievements
Anti-Japanese Appeal on the Takeshima Issue
China just waits and sees
Change of government will change things
President Yoon Seok-yeol's approval rating is 28% (according to Gallup Korea survey), and he has been facing a tough fight since he took office. Since the administration began as a lame duck in the first place, there is no change in the situation where the government cannot move unless the power of the people wins the 2024 general election.
Looking ahead to 2024, the Democratic Party of Korea, which is the enemy, will be at a disadvantage if President Yoon produces results and achievements. There is no mistake in going on the offensive of not letting the president do anything.
Although President Yoon Seok-yue has appealed for the improvement of Japan-South Korea relations, he is willing to make concessions on the Takeshima issue, such as by conducting marine surveys around Takeshima. Even at this stage, he is ridiculed as a pro-Japanese president or a betrayal president. In any case, from a Japanese point of view, it can only be seen as a double standard.
As for China, as was the case with Moon Jae-in, it seems that they are just watching the future of this administration.
The deployment of THAAD under the Park Geun-hye administration cooled relations between China and South Korea, but under the Moon Jae-in administration, they exchanged promises with China about the three non-compliances, and the current president has declared that he does not know about the three non-compliances.
Right-wing and left-wing South Korea have a unique structure of pro-U.S./pro-Japan and pro-China conflicts, and they seem to understand well that a change in government can lead to a major change in diplomatic policy.
In the first place, isn't there a question in South Korea about where the national ideology of South Korea, which goes back and forth between liberal democracy and socialist dictatorship, lies? On the contrary, they are constantly intimidatingly questioning each other about meaningless alternatives, whether they are pro-Japanese or anti-Japanese.
South Korea, where anti-Japan precedes the national ideology of democracy or socialism. Any problem can be dwarfed by anti-Japan fire, making it a very easy tool to use politically.
South Korea is furious after being told that kimchi originates from China - Do they go crazy when they are forced to do something they always do?
While watching YouTube videos about Sichuan cuisine, I suddenly noticed the controversy surrounding the origin of kimchi, which is based on Sichuan's foamed vegetables. I used to think that Sichuan cuisine was spicy because spices from western countries such as India and Pakistan were introduced, but chili peppers are native to South America, so chili peppers probably didn't exist in China.
There is a theory that it was brought to Japan when guns were introduced, or that it was brought by missionaries, but it seems that it was brought to the Korean peninsula during Hideyoshi's Bunroku and Keicho campaigns. It was the end of the 16th century. So I researched when chili peppers were introduced to Sichuan, and found that it was in the 17th century, at the end of the Ming Dynasty. I'm not sure when chili peppers began to be used in Awa Nai or Korean kimchi, but it would be a mistake to say that the current kimchi made with chili peppers originated in Sichuan Province.
If that's the case, there must be a culture of foamed vegetables using chili peppers all over China, or even on land routes to Beijing. Chinese historical debates tend to be like this. China's 3,000 years will turn into its 4,000 years the next day, but there are no excavations that have spread its culture geographically. It ends with a dot. Culture is transmitted through people as a medium.
Incidentally, as part of its national strategy, China claims that ginseng is many times more superior to Korean ginseng, and supports vast fields of ginseng. This is an economic revitalization project for the underdeveloped and ethnically diverse Yunnan province.
By the way, when I looked into the origin of chili peppers, I found that there is a record that it dates back to 6000 BC in Mexico. A little respect for Mexican chili peppers would end this debate.
