Thursday, December 6, 2018

Chinese - North Korean Trade Flourishing Despite Sanctions

Asia News: The (illegal) trade between China and North Korea returns

Despite international sanctions, the exchange of goods on the border between the two nations is once again flourishing. Mainly steel and rare minerals fundamental for the development of the hi-tech industry in China.

Seoul (AsiaNews) - International sanctions have not completely abolished trade between China and North Korea. According to Radio Free Asia, after an initial period of cooling between the two nations, the economic exchange would have resumed and is flourishing at the border. The most requested products are North Korean steel and rare earths, minerals fundamental for the development of the hi-tech industry in China.

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WNU Editor: No one is surprised by this .... China appears to relax North Korea sanctions: Report to US Congress (Channel News Asia/Reuters).

1 comment:

Michael Feldhake said...

Makes me curious how things would be if NK was not a pawn of China. I think progress in stabilizing the Koreas would be much better, yet it seems to be a crawl or be stopped all together. This needs to be on the negotiating table with China as well!! Keep the Tariffs until this is all settled.