At the first three-way meeting in four and a half years, China, Japan and South Korea have a greed to maintain overall stability in spite of the growing geopolitical and economic tensions, especially between China and Japan, which has been moving fully into the orbit of the U.S.-backed “China containment."
The meeting emphasized economic issues in working out ways to move forward. In spite of the affinity of the present Japanese and South Korean governments for the U.S. political position in their “Indo-Pacific” strategy, their economies are dependent on trade with China, and this has proven to be the ballast in maintaining what is otherwise a very contentious relationship.
The three countries agreed to a joint statement calling for continued collaboration in the economic, social, and people-to-people areas.