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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

Published Mon, Mar 6, 2017 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Seoul

    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.

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