China’s Premier Wen Jiabao told South Korean President Lee Myung-bak that he condemned the sinking of the Cheonan and understood the grief of South Korea. Mr. Jiabao never did denounce North Korea in his public statements but said that China opposes any nation detrimental to peace.
Mr. Jiabao’s comments reflected China's efforts to avoid entanglement in the crisis while seeking to dispel regional worries that Beijing is dismissing South Korea's complaints and protecting Pyongyang. However, some analysts believe that this meeting is a time where China will tell South Korea to step back, because China can not even control North Korea and it’s leader Kim Jong-IL.
The mounting antagonism between the two Koreas has unnerved investors, worried the confrontation could erupt into conflict. Many analysts say that neither side is ready to go to war but warn there could be more skirmishes, especially along their disputed sea border off the west coast.
There is strong doubt that China will change its stance on this issue—not publicly befriending North Korea and yet not voting for sanction in a U.N. sanctions meeting—but still soothing South Korea’s wounds. You see, China has a lot at stake in the Korean peninsula, and this turmoil is bad for business.
Mr. Jiabao’s comments reflected China's efforts to avoid entanglement in the crisis while seeking to dispel regional worries that Beijing is dismissing South Korea's complaints and protecting Pyongyang. However, some analysts believe that this meeting is a time where China will tell South Korea to step back, because China can not even control North Korea and it’s leader Kim Jong-IL.
The mounting antagonism between the two Koreas has unnerved investors, worried the confrontation could erupt into conflict. Many analysts say that neither side is ready to go to war but warn there could be more skirmishes, especially along their disputed sea border off the west coast.
There is strong doubt that China will change its stance on this issue—not publicly befriending North Korea and yet not voting for sanction in a U.N. sanctions meeting—but still soothing South Korea’s wounds. You see, China has a lot at stake in the Korean peninsula, and this turmoil is bad for business.

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