Economics
Korea See China’s Ire Over Missile Shield in Export Hurdles
- China is angry at decision to deploy U.S. missile shield
- Security and economic issues collide for South Korea
South Korean Fears Over Chinese Economic Retaliation
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South Korea is increasingly concerned that China may be stepping up economic retaliation over its decision to deploy a U.S. missile shield, and it sees worrying signs in everything from blocked imports of high-tech bidets to the cancellation of music concerts.
Korea’s Finance Minister Yoo Il-ho has said he thinks China may be taking unfair and indirect action in some cases. China opposes the deployment, with a foreign ministry spokesman last month saying it hoped South Korea will "take China’s concern seriously and create better conditions for the normal friendly exchanges between our people."