Chhatrapati
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Your knowledge in history is as good as your knowledge of geopolitics. There was times before 97 where South Korea wasn't rich, they even looked up to countries like Pakistan to take examples from. Different times.Most present developed countries were already developed before world war 2. So basically there is nothing to do with siding with US.
South Korea was almost bankrupted because of Wall Street robbery in 1997. It could recover because China opened its market to S.Korea. China has been S.Korea biggest market since then. If there was no China's market, there wouldn't be today's S.Korea. You dare to say China only help poor countries?
China did no favor to anyone, you opened your market to save yourself because your country was in absolute shit with people eating anything that walks and famine ravaging much of your nation. Chairman Mao even offered to send your women to the US as a gift.