China’s rise and the intensifying strategic competition between Beijing and Washington have driven South Korea to a crossroads in its foreign policy shift that is both old and new. Seoul’s classic diplomatic formula, widely referred to as “security with Washington, economy with Beijing,” was once a prominent and practical division of labor. Nonetheless, it is now pushed closer to deciding on how to reposition itself in response to the growing uncertainties, rooted in the tensions between the two great powers. To read the full report, Click Here.