Encouraging boycotts of South Korean goods won’t stop Seoul deploying the defence shield, but will sour an economically valuable relationship, observers say
The effectiveness of the measures is questionable given China’s heavy reliance on Korean components to support its manufacturing industry
Less than 5 per cent of South Korea’s exports to China are consumer goods – the easy target for Chinese boycotts. Most are raw materials and manufacturing components and equipment.
The Korean International Trade Association said that if China were to continue with its “unofficial” sanctions, the economic losses for South Korea would be, at most, US$14.76 billion, or 1.07 per cent of GDP.
Source: SCMP
http://www.scmp.com/news/china/diplomac ... ile-system