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China will ban new Korean games from being published - report

Controversial THAAD missile system has sparked a crackdown on Korean products of many kinds

The Chinese government will prevent new games made in South Korea from being published in the country - the apparent consequence of Korea's deployment of the THAAD missile system.

According to a report from the Nikkei, the news has already caused shares Nexon, a company founded in Korea but based in Japan, to plummet. Nexon earns a significant amount of revenue in China - around 40%, according to Niko Partners - and it is not alone in that respect.

This is just one facet of China's response to Korea's acquisition of a Terminal High Altitude Area Defense (THAAD) missile system, which is manufactured by Lockheed Martin in the US, and will be operated by US forces. According to a statement from the Pentagon, the THAAD system's position is a "defensive measure" against North Korea, but China is concerned about its implications in the long-term. The Washington Post has a useful primer on the situation.

According to Daniel Ahmad, who analyses the Chinese and SE Asian markets for Niko Partners, the "crackdown" that has resulted applies to Korean products of many kinds.

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