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5/26/2017

Topic Reading-Vol.1871-5/26/2017

Dear MEL Topic Readers,
Locked out of China, South Korea's K-pop stars are heading to the US
A deployment of a new missile defense system doesn’t seem to have secured businesses as usual for South Korea.
Difficulties arose from the deployment of Terminal High Altitude Are Defese, THAAD, system against Beijing’s protest have significantly declined the sales of Korean companies in shopping malls and department stores, automobiles, and electronics in China. Also, arrivals of Chinese tourists to Korea, which represented nearly a half of total tourist arrivals last year, dropped sharply. And the impact doesn’t seem to stop there. Entertainment business is also severely affected.
China had been a big market for Korean pop culture until this anti-Korean sentiment was created. Now as K-pop groups have lost opportunities to hold concerts in China, they are developing US market by touring across the country. That’s good news for young K-pop fans in America who had been given no chance to enjoy their on-stage performance and excitement.
Who could have imagined a missile system would divert K-pop tours from China to the US? It seems that the world is getting more unpredictable these days.
Try predicting what could happen if North Korea deploys a missile offensive system.

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