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Chinese government orders all North Korean firms to close in China

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London Independent
September 29 2017

The Chinese government has ordered all North Korean companies based in the country to close as a result of UN sanctions over Pyongyang’s latest nuclear missile tests.

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

The move comes amid intense international pressure on China to act to rein-in its neighbour.

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.

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This article was posted: Friday, September 29, 2017 at 8:03 am





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