GYEONGJU, South Korea -- The leaders of China and South Korea sat down for their first summit on Saturday as Seoul faces a test of its efforts to balance cooperation with both Beijing and its main ally in Washington.
Beijing and Seoul sign currency swap deal, but announce no progress on North Korea

Chinese President Xi Jinping and South Korean President Lee Jae Myung shake hands ahead of a bilateral summit in Gyeongju, South Korea, on Nov. 1. (Yonhap)
GYEONGJU, South Korea -- The leaders of China and South Korea sat down for their first summit on Saturday as Seoul faces a test of its efforts to balance cooperation with both Beijing and its main ally in Washington.