South Korea’s Lotte seeks to exit China after investing $9.6 billion

March 13, 2019 6:11 PM

SEOUL (THE KOREA HERALD/ASIA NEWS NETWORK) – Despite its hefty investments in China over the years, South Korea’s Lotte Group appears to be seeking a complete departure from the market that was once highly lucrative, after failing to recover from a boycott campaign which was instigated by diplomatic bickering between Seoul and Beijing.

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