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Several Lotte Stores Shut Down in China.

Dozens of Lotte Stores in China Face Closure Amid THAAD Fiasco: Report

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 Korea’s Lotte Group Warned Over THAAD Deployment.

Chinese Media Cautions South Korea’s Lotte Group over THAAD Deployment

Girish Shetti |

Feb 21, 2017 06:20 AM EST

Chinese media has warned South Korean conglomerate Lotte Group that it may have to face big financial losses, if it does not stall the ongoing negotiation with South Korean government over the deployment of the THAAD missile.