Chinese Government Orders All North Korean Firms To Close In China

China’s commerce ministry said on Thursday that North Korean firms or joint ventures in China will be shut within 120 days of the increased UN sanctions, which was announced on 12 September.

Beijing had previously ordered banks to stop working with the North Korean regime following US concerns the Chinese government wasn’t being tough enough on the North Korean nuclear threat.

China is North Korea’s main trading partner, making the success of UN sanctions dependent upon Beijing’s cooperation, and the latest sanctions are a clear indication of China’s growing frustration at Kim Jong Un’s regime. Read more here.

{Matzav.com}