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South Korea's Lotte considers sale of supermarkets in China - source

Reuters  |  SEOUL 

SEOUL (Reuters) - South Korea's Lotte Shopping is considering selling its supermarkets in China and other options should political tensions between Seoul and Beijing continue next year, an official at the retailer told Reuters on Monday. "It is natural that we should have various alternatives, but no discussions or decisions have been made regarding detailed plans," the official said on condition of anonymity because of the sensitivity of the issue. He did not elaborate on what other options were under consideration. South Korean newspaper Chosun Ilbo reported on Saturday that Lotte plans to ...

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First Published: Mon, September 11 2017. 10:31 IST