THAAD Archives | Page 21 of 27 | Be Korea-savvy
Negotiations Launched Officially to Provide S. Korean Land for THAAD Deployment

Negotiations Launched Officially to Provide S. Korean Land for THAAD Deployment

SEOUL, March 2 (Korea Bizwire) – South Korea and the United States officially kicked off negotiations Thursday to finalize the terms of deploying the advanced American missile defense system THAAD in South Korea, the foreign ministry said.  “With regard to the provision of land (for the deployment), a request has been filed to open negotiations [...]

Lotte Risks 8-Trillion-Won Business with THAAD Deal

Lotte Risks 8-Trillion-Won Business with THAAD Deal

SEOUL, Feb. 28 (Korea Bizwire) – Lotte’s board of directors approved on Monday a land swap deal with the South Korean military, providing a golf course as the site for a new THAAD missile battery. The deal was signed on Tuesday.  Although Lotte will in return receive a state-owned military site near Seoul, the decision [...]

S. Korean Firms Fret About China’s THAAD Threat

S. Korean Firms Fret About China’s THAAD Threat

SEOUL, Feb. 23 (Korea Bizwire) – South Korean companies and duty-free shops remain jittery over China’s threats that the deployment of a high-tech U.S. missile defense battery on South Korean soil would wreak havoc on their business, industry sources said Thursday.  With Seoul and Washington pushing ahead with the deployment in defiance of China’s strong [...]

China Delaying Customs Clearance of Textbooks to Set Back Classes at S. Korean Schools

China Delaying Customs Clearance of Textbooks to Set Back Classes at S. Korean Schools

SHENYANG, China, Feb. 21 (Korea Bizwire) – Chinese authorities have delayed the customs clearance of textbooks to be used at South Korean schools in China, pushing back the schools’ classes for the new academic semester, sources with knowledge of the matter said Tuesday. South Korean residents expressed concerns that the postponement of the customs clearance [...]

Korean Cosmetics Businesses on High Alert amid THAAD Woes

Korean Cosmetics Businesses on High Alert amid THAAD Woes

SEOUL, Feb. 13 (Korea Bizwire) – China is maintaining a firm stance against South Korea’s deployment of an American THAAD missile battery, imposing a string of retaliatory measures against Korean businesses, including cosmetics companies, that have made significant progress in the Chinese market in recent years.  According to INI R&C, a Korean research firm, Chinese [...]

Lotte Pulls Business from Alibaba Shopping Mall amid THAAD Tension

Lotte Pulls Business from Alibaba Shopping Mall amid THAAD Tension

SEOUL, Feb. 9 (Korea Bizwire) – Amid the ongoing tension over Korea’s THAAD deployment decision of last year, Lotte, Korea’s fifth largest conglomerate, and the company providing the site for the missile defense system, has just pulled its business from Alibaba’s e-commerce platform Tmall.     Lotte’s business venture in China has been struggling recently with [...]

Hyundai Motor Delays China Launch of Sonata Hybrid amid THAAD Row

Hyundai Motor Delays China Launch of Sonata Hybrid amid THAAD Row

SEOUL, Feb. 8 (Korea Bizwire) – South Korea’s leading automaker Hyundai Motor Co. has reportedly postponed the launch of its Sonata plug-in hybrid in China by nearly a year, company official said Wednesday, due to what many believe is China’s trade retaliation against the planned deployment of a U.S. air missile defense system to South [...]

Korean, Chinese Consumers Join Forces to Boycott APA Hotel

Korean, Chinese Consumers Join Forces to Boycott APA Hotel

SEOUL, Feb. 6 (Korea Bizwire) – Korea and China have called for a temporary truce over THAAD woes after controversy erupted when APA Hotel, a Japanese hotel chain, placed history books denying Japan’s wartime sex slavery and the Nanking Massacre at its locations.  “The boycott against APA Hotel was introduced to the Chinese public through [...]