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Lotte may harm itself by yielding to THAAD

By Zhang Zhouxiang | China Daily | Updated: 2017-03-04 07:38

"No THAAD! Lotte out of China!" This is what was written on the banner held by a group of protesters in front of a Lotte-invested supermarket in the city of Qidong, East China's Jiangsu province, on Thursday.

Such protests were organized after the Republic of Korea conglomerate Lotte Group accepted a plot of land in exchange for its Skyhill Golf Course in Seongju where the US' Terminal High Altitude Area Defense anti-missile system will be deployed, a move which China is strongly opposed to because it will destabilize the strategic balance in East Asia in favor of the United States.

Does this remind you of a similar protest last year? In July, after an arbitration tribunal passed a biased verdict in support of the Philippines and against China in a South China Sea dispute case, groups of angry people in North China's Hebei province blocked the doors to some KFC outlets shouting slogans such as "Foreign brand out of China!"

Lotte may harm itself by yielding to THAAD

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