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International relations

Lotte gets cold feet over South Korean missile defense

Conglomerate fears backlash from Beijing if it swaps land for US system

SEOUL -- Lotte Group is hesitant to let the South Korean government deploy a U.S. missile defense system at a golf course owned by the retail conglomerate, worrying its involvement may upset China.

Lotte has said it is taking a careful approach to the politically sensitive land exchange arrangement, which could threaten its business in the world's second-largest economy. Beijing strongly opposes the plan to install the American system on South Korean soil.

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