ese potential disadvantages have resulted in Beijing currently engaged in keeping North Korea from collapsing more importantly, has also resulted in Beijing pushing for quadripartite talks for a peace treaty in Korea (Yu p. 190).However, China does not seek to keep the status quo everywhere. For example, perhaps the most glaring example of China challenging the status quo is its desire to shatter China's image as a weak, cumbersome, and backward nation and become a global power. Beijing feels that this modernization is most effectively attained through economic development while simultaneously maintaining both internal and external security. Since economic development is one of the keys to its ultimate goal, China is not interested in remote conflicts that do not significantly affect its economy or security. Due to their proximity to China, China's neighbors tend to have a greater economic impact on China or pose a more serious security concern. Subsequently, China seems to focus its foreign policy on its neighbors rather than on a global context. In security matters, this has resulted in China standing firm on controversial issues such as Taiwan, Spratly Islands, Tibet, etc. But despite Beijing's firm stand on security issues, economic and security multilateralism have developed albeit to different extents. Their acceptance is the result of a realization that globalization will continue to occur and that it is only natural for multilateralism to most effectively solve problems in such an interdependent world. But Chinese leaders make a careful distinction between economic and security multilateralism. Economic multateralism such as the WTO and APEC are generally welcomed by Chinese leaders while informal security is still preferred over formal security frameworks. Chinese leaders are fearful that a rigid security framework might be used to balance or contain Chinese power but are willing to cede to informal discussions on se...