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Politics

South Korean business improves in China ahead of Moon's first visit

THAAD sanctions wiped $6.5bn from tourism industry, pushed down GDP by 0.4%

The South Korean and Chinese national flags fly alongside the company flag of Hyundai Motor at its plant in Beijing.   © Reuters

SEOUL -- South Korean companies are increasing their investments in China at a time when the two economic powers are moving to repair their relationship that was damaged by the deployment of a U.S. missile defense system on South Korean soil in March.

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