North Korea has asked China's companies to abandon their business and leave the country in 120 days

in #cn7 years ago

North Korea has asked China's companies to abandon their business and leave the country. The country has issued an order to implement UN sanctions on the nuclear test issue.

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The BBC's news report says China will close the companies in early January next year. Joint ventures with North Korea will also be closed.

This action was taken as an international response to North Korean's sixth and most powerful nuclear tests. As a member of the Security Council, China voted unanimously on September 11 in the new sanctions.

China's commerce minister has already set a 120-day deadline for North Korean companies to withdraw their business from the country.

Through this, North Korea has been divided politically and economically. Most of the country's trade is with China.

Beijing is traditionally flexible to its neighboring country. But the country has been severely criticizing the issue of nuclear tests.

Referring, China has imposed a strain on coal from the Pyongyang, sea food and iron trade across the border at the beginning of this year. Recently, there was a ban on textile trade.

It is believed that North Korea is losing a huge source of foreign exchange earnings.

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Wow! You can't make this stuff up, can ya?! The world is one crazy place right now. Aloha!

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