
SEOUL -- Most South Korean companies that do business in China are finally getting back on track after the deployment of a U.S. missile shield in the South triggered a harsh economic retaliation by Beijing, though manufacturers of electric car batteries are still facing an uphill climb.
The Terminal High Altitude Area Defense system was installed in South Korea last year ostensibly as a countermeasure against North Korea. But Beijing vehemently opposed this, concerned the missile shield's radars could be used to spy on China instead.