China, South Korea Agree to Mend Ties After THAAD standoff

China, South Korea Agree to Mend Ties After THAAD standoff
Terminal High Altitude Area Defense (THAAD) interceptors are seen as they arrive at Seongju, South Korea, September 2017. Lee Jong-hyeon/News1 via REUTERS
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SEOUL/BEIJING—Seoul and Beijing on Tuesday agreed to move beyond a year-long stand-off over the deployment of a U.S. anti-missile system in South Korea, a dispute that has been devastating to South Korean businesses that rely on Chinese consumers.

The unexpected detente comes just days before U.S. President Donald Trump begins a trip to Asia, where the North Korean nuclear crisis will take center stage, and helped propel South Korean stocks to a record high.