Chinese Territory: Consumer Goods and China

chinese territory: But, as long as North Korea poses such an acute threat on the Korean Peninsula, China's opposition to it is pointless and highly destructive, according to The Japan Times. As the United States and South Korea rush to deploy THAAD before the South's snap presidential election on May 9, China is ramping up economic sanctions, in the hope of compelling the next president to reconsider. Chinese leaders worry that the Terminal High Altitude Area Defense THAAD system will undermine its security and disrupt the regional strategic balance, by monitoring flights and missile launches in Chinese territory. Already, South Korea's tourism, consumer goods, and entertainment industries have been hit hard. And China has temporarily closed the 55 discount stores owned by the Lotte Group South Korea's fifth-largest conglomerate and the supplier of the land for the THAAD system for supposed safety violations. Chinese travel agencies have suspended the sale of group tours to South Korea. (news.financializer.com). As reported in the news.