South Korea amid the United States and China after the Global Financial Crisis

South Korea s acloption of policy of hcdging is thc rt of a stratl gic dilemm in whκl‘ it has 10 mainlain cordial rdations with both thc Uniled Slatl S and Chia . Given the aftcrmath of the Glob.F iniln Crisis (GFC) and thc sinking of thc Cheolrnu, ilS ‘ as the futurc unclrtainlics rcgilrding Sino-Amcricnn rclations‘ South Korea has fclt thcned 10 enlarge the scopc ilS d iplomacy in ordcr。 levialc som( the dilemmas th from thc potcn advcrs.1rial Sino-American relntionship. Thus, South Kma αldcavors 10 “ngthcll its profile as a . itimate middlcll as normative, poveT in an efforl ‘o cscapc the polcntial cntr.lpment of thc 0 0νAmcrici1 po‘ver strugg!e and crcate a1tcrnativt. S for its hcdging policy. Thc Asian Initiativc, Sα lth Korcan govcrnmcnt s diplomiltic stri1 tt. gY 10 exp.lnd its intcfC S ts and acti;es inlo thc ASEAN sli1 tcs, ils commitmcnt 10 hosl thc C-20 Summit in in No、nmber 20 .md its plan 10 hold the Globi11 Nuclci1f Summit in 2012 arc cxcmp1.:uy initiativcs rcf1 ccting Sollth Korci1 long-term strategy 10 fcguard il ul rity .md prosperity through the globa1izi1 lion of its diplomacy.