After enduring years of strained relations, China and South Korea are discovering common ground as they confront the significant challenges posed by their ageing societies. Both nations face the economic ramifications of low birth rates, prompting discussions between President Xi Jinping and South Korean President Lee Jae Myung during recent meetings. They have recognized the importance of cooperative strategies in navigating the issues associated with an ageing population.

The bilateral relationship has evolved, with an emphasis on shared objectives, particularly in the context of the 'silver economy.' Their discussions led to a cooperation agreement on this topic following a summit at the Asia-Pacific Economic Cooperation (Apec) meeting. This agreement represents a significant shift in focus from competition in technology to collaboration in managing demographic changes and enhancing each country’s socio-economic well-being.

The cooperation between China and South Korea on demographic challenges not only highlights a pragmatic approach to mutual benefit but also signifies a potential thawing of relations that could foster deeper ties in other areas. As both nations navigate their respective social and economic landscapes, this partnership may serve as a model for addressing similar issues faced by countries with ageing populations.