Alva Review-Courier -

By JOE McDONALD
AP Business Writer 

China's trade with North Korea plunges as sanctions tighten

 

January 12, 2018



BEIJING (AP) — China's trade with North Korea plunged 50 percent in December as U.N. sanctions imposed over Pyongyang's nuclear and missile development tightened, the government reported Friday.

China accounts for nearly all of the isolated North's trade and energy supplies. Beijing has imposed limits on oil sales and cut deeply into the North's foreign revenue by ordering North Korean businesses in China to close, sending home migrant workers and banning purchases of its coal, textiles, seafood and other exports.

Imports from the North shrank 81.6 percent to $54 million in December while...



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