South Korean President Moon Jae-in attends a news conference in Berlin. Reuters/Michele Tantussi

Korean business groups, according to Korea JoongAng Daily, hoped a meeting between President Moon Jae-in and Chinese leader Xi Jinping on the sidelines of the G-20 summit on Thursday in Berlin would resolve a diplomatic impasse over the Thaad missile defense system that has led to a stinging Chinese boycott of Korean goods.

Instead, Korea Inc was left sorely disappointed, the newspaper reported, as the meeting between the two leaders, their first since Moon was elected, simply reaffirmed the irreconcilable gap between the two countries on the controversial missile defense system known as Thaad.

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