Four Lotte retail stores closed after 'inspections'

Shutdown comes in wake of South Korean giant Lotte agreeing to provide land for US missile defence system


SOUTH Korea's Lotte Group said on Monday four of its retail stores in China were closed after inspections by authorities, as Seoul protests at discriminating action by China after Lotte agreed to provide land for a US missile defence system.

China is the biggest overseas market for Lotte Group, South Korea's No 5 conglomerate, generating annual sales of a little more than three trillion Korean won (S$3.7 billion) in 2015.

A Lotte Mart spokesman said the four stores, in Dandong, Changzhou and two...

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