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HAB911

(8,912 posts)
Thu Sep 28, 2017, 01:34 PM Sep 2017

China Orders North Korean Business Closed Under U.N. Sanctions

BEIJING (AP) — China on Thursday ordered North Korean-owned businesses to close, cutting foreign revenue for the isolated North under U.N. sanctions imposed over its nuclear and missile programs.

China is North Korea's main trading partner, making Beijing's cooperation essential to the success of sanctions aimed at stopping the North's pursuit of weapons technology. China, long North Korea's diplomatic protector, has gone along with the latest penalties out of growing frustration with leader Kim Jong Un's government.

North Korean businesses and ventures with Chinese partners must close within 120 days of the U.N. Security Council's Sept. 11 approval of the latest sanctions, according to the Ministry of Commerce. That would be early January.

North Korean companies operate restaurants and other ventures in China, helping to provide the North with foreign currency. North Korean laborers work in Chinese factories and other businesses.

https://www.nbcnews.com/news/world/china-orders-north-korean-business-closed-under-u-n-sanctions-n805506?cid=sm_npd_nn_tw_ma

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Iggo

(47,565 posts)
5. No, because China would come down on them like a ton of bricks and nobody would care.
Thu Sep 28, 2017, 02:16 PM
Sep 2017

China's the last friend they have.

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