Beijing is furious over a joint plan by South Korea and the United States to set up the Terminal High Altitude Area Defence (THAAD) missile system in South Korea.
South Korean firms are being squeezed in China, in suspected retaliation for Seoul`s deployment of a U.S. missile defence system, highlighting the tools China can deploy to hit back at the corporate interests of trade partners it disagrees with.
The furore echoes protests in 2012 against Japanese firms during a row with Tokyo over disputed islands in the East China Sea.
On Thursday, Lotte Duty Free, an affiliate of Korean conglomerate Lotte Group, said it had been the target of a suspected Chinese cyber attack.
"Rather than the big dramatic trade war, everything goes to hell scenario under Trump, it`s probably more likely to be manifested as regulatory harassment of companies - one of the lower intensity tools for China.
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