I so love this. I hope Trump actually moves ahead with the THAAD move. And Chinese do what they do best - stand resolutely again it with impotence. For once, the tables will truly be turned and the Chinese govt will truly feel how the rest of the world and particularly the neighbors in SCS and land borders feel when a powerful country tries to do as it pleases. http://www.reuters.com/article/us-south ... me=topNews
China reacts with anger, threats after South Korean missile defense decision
Chinese state media have reacted with anger and boycott threats after the board of an affiliate of South Korea's Lotte Group approved a land swap with the government that allows authorities to deploy a U.S. missile defense system.
The government decided last year to deploy the U.S. Terminal High Altitude Area Defense (THAAD) system, in response to the North Korean missile threat, on land that is part of a golf course owned by Lotte in the Seongju region, southeast of Seoul.
The board of unlisted Lotte International Co Ltd approved the deal with the government on Monday.
China objects to the deployment in South Korea of the THAAD, which has a powerful radar capable of penetrating Chinese territory, with Beijing saying it is a threat to its security and will do nothing to ease tension with North Korea.
Lotte should be shown the door in China, the influential state-run Chinese tabloid the Global Times said in an editorial on Tuesday.
"We also propose that Chinese society should coordinate voluntarily in expanding restrictions on South Korean cultural goods and entertainment exports to China, and block them when necessary," it said in its English-language edition.
The paper's Chinese version said South Korean cars and cellphones should be targeted as well.
"There are loads of substitutes for South Korean cars and cellphones," it said.
Actually looking back at all the past experiences / history, no country is so cheap as China when it comes to trying a direct trade war when the other countries dont now-tow to their own cheap agenda. Heck, even UK / US was not this cheap earlier. Sometimes, I feel that we all missed the bus / boat when we allowed the Chinese to gain UN permanent membership (far back) to more recently improved access to IMF (RMB was accepted into the basket of currencies; not being called a currency manipulator etc etc). We as a world should go much more slowly when it comes to accepting China - its only through abject humiliation of their policies / approach that we can make them understand - all said and done, they cant win a war that erupts because most of the world will be against them.