Participants protesting Nancy Pelosi's visit outside the hotel where the Speaker of the US House of Representatives is due to stay in Taipei. File photoSEUL, Aug 6South Korean Foreign Minister Pak Chin said during the East Asia Summit (EAS) in Phnom Penh that Seoul supports the «one China» policy and is concerned about rising tensions in the Taiwan Strait, the South Korean Foreign Ministry said. «Minister Pak Chin said that (South Korea — ed. ) supports the «one China» policy, and that peace and stability in the Taiwan Strait is a necessary condition for security and prosperity in the region, and is a very important issue for South Korea,» the Foreign Ministry said in a statement. At the session where the statement was made, also present were U.S. Secretary of State Anthony Blinken and Chinese Foreign Minister Wang Yi Pak Chin expressed concern that the deepening geopolitical conflict in the Taiwan Strait could cause political and economic instability in the region, including supply chain disruptions, and could have negative repercussions for Korean Peninsula.Large-scale exercises of the Chinese army with live firing around Taiwan officially starts Ali on Thursday. The maneuvers, which were in response to a visit to Taipei by Speaker of the US House of Representatives Nancy Pelosi, began at 12.00 local time (7.00 Moscow time), in six areas in the water area around the island, the exercises will last until 12.00 Sunday. Official relations between the central government of China and its island province interrupted in 1949, after the Kuomintang forces led by Chiang Kai-shek, defeated in the civil war with the Communist Party of China, moved to Taiwan. Business and informal contacts between the island and mainland China resumed in the late 1980s. Since the early 1990s, the parties began to contact through non-governmental organizations — the Beijing Association for the Development of Relations across the Taiwan Strait and the Taipei Cross-Strait Exchange Foundation. Pelosi on Taiwan undermined stability in the region, says Chinese ambassador
