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China to Shut Down North Korean Companies

posted by Fnord666 on Saturday September 30 2017, @05:03PM   Printer-friendly
from the another-brick-in-the-wall dept.

MrPlow writes:

Submitted via IRC for guy_

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.

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

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  • (Score: 3, Insightful) by Anonymous Coward on Saturday September 30 2017, @07:00PM (1 child)

    by Anonymous Coward on Saturday September 30 2017, @07:00PM (#575343)

    Now, I don't like NK but I very much like keeping USA in check. A balance of power, even if this includes Russia and China, is still much preferable to a USA monoculture (I'm not an US citizen obv. ;))

    I was born in the USA, live within the USA's borders, and like you I am very much appreciative that the USA is kept somewhat in check by China and Russia. Particularly because the USA has far exceeded its lawful powers and has been attempting to sustain a world-wide military empire for decades, while funding said empire by extracting resources from its citizens who are frightened near to dead of its Internal Revenue "Service" [wikipedia.org].

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  • (Score: 0) by Anonymous Coward on Saturday September 30 2017, @07:05PM

    by Anonymous Coward on Saturday September 30 2017, @07:05PM (#575345)

    this will be sorted out with some new rare earts mine on NK or something like it