20 February 2017

News Story: Lotte should avoid playing with fire in letting THAAD in

BEIJING, Feb. 19 (Xinhua) -- The proposed deployment of a U.S. missile defense system in the Republic of Korea is a threat to regional security and stability, and Lotte Group is one decision away from becoming an accessory to the act.

In the ROK government-proposed deal, a golf course, currently owned by Lotte, would be used for the deployment of the U.S. Terminal High Altitude Area Defense (THAAD) anti-missile system, according to ROK media reports.

The Lotte Group board of directors has yet to make its final decision on the land swap deal: Rightly so, they are playing with fire that could inflame regional relations.

Washington and Seoul argue that THAAD is purely a defense system; a protective measure for potential threats from the Democratic People's Republic of Korea (DPRK).

China objects for two reasons.

Read the full story at Xinhua