Many companies are exiting the Chinese market. Big South Korean companies are exiting China one after another. Business uncertainties are being fueled by fiercer competition and declining profitability in the Chinese market coupled with the U.S. government’s checks on China and policy changes by Chinese government authorities. Lotte Chemical sold off its entire stake in Lotte Samgang Chemical, a joint venture with a Chinese chemical company, in 2023, according to the Financial Supervisory Servic...