Good relations with its neighbors helped the ROK's economy tide over the Asian financial crisis in 1997 and the global financial crisis in 2008, and made it one of the big success stories not only in Northeast Asia but also the whole world. The ROK's geographical location has made its connections with China both necessary and convenient as the latter has become its biggest trading partner and biggest investment destination.
The ROK's annual trade with China has reached $300 billion, more than the combined total of its trade with the US, Japan and the European Union. Also, 60 percent of its trade surplus comes from China. The ROK's economy has benefited much from cooperation with China and the joint efforts of the two sides to maintain regional peace and stability.
Moreover, the ROK's membership of Beijing-initiated Asian Infrastructure Investment Bank and a bilateral free trade deal are expected to further deepen their economic ties. But Seoul's decision to deploy THAAD despite Beijing's strong opposition puts a question mark on that prospect.
A THAAD system in the ROK fits well into the US' planned missile shield against China in the Asia-Pacific region, but a shift in Seoul's 30-year commitment to regional peace and stability could damage its political mutual trust with Beijing.
Besides, as the ROK's nod to THAAD could prompt the Democratic People's Republic of Korea to expedite its nuclear program, a military confrontation looms on an already volatile Korean Peninsula.
Forgetting the horrors of war, ignoring the Cold War wounds, and ignoring the lessons learned from outside forces' intervention in the Middle East and North Africa, Seoul may face an outcome it is not capable of handling by jumping onto the US' rebalancing to Asia-Pacific bandwagon.
--Xinhua News Agency
In our daily life, more and more loanwords appear and change our habits in Chinese expression. Loanwords sound very similar with their original English words, and the process of learning them is full of fun to foreign students.
It has been a while since I've contributed to this Forum and I figured that since now I am officially on summer holiday and another school year is behind me I would share a post with you.