China and South Korea
Hyundai and Kia Motors China Sales Suffer due to THAAD Tension: Report
| Girish Shetti | | Apr 04, 2017 03:39 AM EDT |
The THAAD impasse continues to take a toll on South Korean companies operating in China. The latest to bear the brunt is Hyundai Motors and its sister company Kia Motors, which has been forced to cut down on its production target in the Chinese markets due to a slump in sales.
South Korea Lodges WTO Complaint Against China’s Controversial Trade Practices
| Girish Shetti | | Mar 20, 2017 05:23 AM EDT |
South Korea has lodged compliant in the World Trade Organization (WTO) over China's alleged unfair trade practices in the wake of THAAD missile fiasco. This was confirmed by the country's trade minister Joo Hyung-Hwan on Monday.
Dozens of Lotte Stores in China Face Closure Amid THAAD Fiasco: Report
| Girish Shetti | | Mar 06, 2017 09:14 AM EST |
Chinese authorities on Monday pulled down the shutters of more than a dozen Lotte Mart stores across the country for alleged fire safety violations. The action is seen as the latest retaliatory measure by China against the embattled South Korean Conglomerate in the ongoing THAAD fiasco.
South Korean Trade Minister Vows Retaliation Against China’s Unfair Trade Practices
| Girish Shetti | | Mar 06, 2017 02:00 AM EST |
South Korea's Trade Minister Joo Hyung-hwan on Sunday vowed to give a fitting response if China does not back off from its unfair trade practices against the Korean companies in the ongoing THAAD tension.
THAAD Standoff: China Retaliates Against South Korea With Travel Restriction
| Girish Shetti | | Mar 03, 2017 04:40 PM EST |
The THAAD standoff between China and South Korea has expectedly got ugly, with reports suggesting that Chinese authorities are set to announce fresh travel restrictions against its Korean neighbour.
China Cracks Down on South Korean Christian Missionaries Amid THAAD Tension
| Girish Shetti | | Feb 11, 2017 04:07 AM EST |
Nearly 32 South Korean Christian missionaries have been expelled from China following a sudden raid in the country's improvised north-eastern region of Yanji. The raid comes at a time when Beijing is upping the antic against South Korea over its planned deployment of the US' anti-ballistic missile in the Korean Peninsula.
China, Russia Vow 'Countermeasures' Against THAAD Deployment in Korean Peninsula
| Girish Shetti | | Jan 13, 2017 04:24 AM EST |
China and Russia have vowed to take "countermeasures" in response to U.S. plan to deploy an anti-missile system in the Korean peninsula, Chinese state media reported on Friday. However, both nations have not specified what countermeasures they would be taking.
Japan, South Korea Dispatch Fighter Jets After China Conducts Drills in Sensitive Areas
| Girish Shetti | | Jan 10, 2017 09:47 AM EST |
Japan and South Korea have put their fighter jets on high alert in East China Sea and Sea of Japan after spotting Chinese aircrafts flying back and forth in the region, Japanese and South Korean officials have said.
China Issues Warning vs Deployment of Anti-Missile System in South Korea Anew
| Girish Shetti | | Sep 30, 2016 04:33 AM EDT |
China on Thursday said that it will consider countermeasures against the plan of the US to deploy an anti- missile system in South Korea. However, Beijing did not elaborate on what countermeasures it would take.
China’s V-Grass Fashion to Acquire Youth Clothing Brand From E-Land Group
| Girish Shetti | | Sep 03, 2016 09:48 AM EDT |
E-Land Group, South Korea's largest apparel retailer, on Friday announced the sale of its youth clothing brand, Teenie Weenie, to China's V-Grass Fashion Co. Ltd. for approximately $900 million.
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