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South Korea's Ssangyong Motor reconsiders China JV due to political row

Reuters India Friday, 20 October 2017
SEOUL (Reuters) - South Korea's Ssangyong Motor Co Ltd on Friday said it is reconsidering establishing a joint venture in China due to diplomatic tension between Seoul and Beijing over the deployment of a U.S. missile defence system.
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News video: Hyundai Motor posts smaller profit drop

▶ Hyundai Motor posts smaller profit drop 00:54

Hyundai Motor Co's quarterly profit fell 20 percent, hurt by South Korea's diplomatic row with China that dragged on sales and losses from affiliate Kia Motors, but the carmaker's shares rallied as results were better than expected. Ciara Lee reports.

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