A series of Chinese probes into one of South Korea’s largest companies has renewed fears that Beijing is taking aim at Korean business interests in response to Seoul’s decision to host a US-made missile shield.
Lotte, South Korea’s fifth-biggest conglomerate, struck a deal last month to relinquish one of its golf courses to make way for the advanced anti-missile system.
Seoul says the Terminal High Altitude Area Defence platform will defend it against attacks from North Korea, which has this year tested two nuclear weapons and about 30 ballistic missiles. But the move has outraged China, which says Thaad undermines its nuclear deterrent and fears the US will use the platform’s powerful radar to peer deep into its territory.
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