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FLPanhandle

(7,107 posts)
Fri Sep 29, 2017, 02:11 PM Sep 2017

China to shut down North Korean companies

http://www.bbc.com/news/world-asia-41431057

China has told North Korean companies operating in its territory to close down as it implements United Nations sanctions against the reclusive state.

The companies will be shut by early January. Joint Chinese and North Korean ventures will also be forced to close.

China, Pyongyang's only major ally, has already banned textile trade and limited oil exports.

The move is part of an international response to North Korea's sixth and most powerful nuclear test.

The UN Security Council, of which China is a member, voted unanimously for fresh sanctions on 11 September.

China's commerce ministry said it had set a deadline of 120 days from the passing of the resolution for any North Korean companies within its borders to close.

Beijing has traditionally been protective of its neighbour, but has sharply criticised its nuclear tests and escalating rhetoric.

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I don't trust the Chinese to really do much. This seems like a political gesture, the key thing is will China stop supply NK with military technology.

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