Seoul and Beijing on Tuesday agreed to move beyond a year-long stand-off over the deployment of a US anti-missile system in South Korea, a dispute that has been devastating to South Korean businesses relying on Chinese consumers. The installation of the US Terminal High Altitude Area Defense (THAAD) system had angered China, with South Korea’s tourism, cosmetics and entertainment industries bearing the brunt of a Chinese backlash, although Beijing has never specifically linked that to the THAAD deployment. Beijing worries the THAAD system’s powerful radar can penetrate into Chinese territory.