Current Events > China shocks the world, falls in line with UN Sanctions on North Korea.

(+) Yeah! (+)

China's government has ordered most North Korean-owned businesses and ventures with Chinese partners to close under UN sanctions imposed over the North's nuclear and missile programmes, according to reports.

A Ministry of Commerce order said businesses owned by North Korean companies or individuals must close within 120 days of the September 11 approval of the latest sanctions, according to reports in the Chinese media

China is North Korea's main trading partner and businesses in China help to provide the isolated country with foreign currency. UN sanctions that have been steadily tightened ban North Korea from selling coal and textiles and order other governments to limit fuel supplies.

North Korean businesses and ventures with Chinese partners must close within 120 days of the September 11 approval of the latest sanctions, according to the Ministry of Commerce. That would be early January.

North Korean companies operate restaurants, trading outfits and other ventures in China, helping to provide the North with foreign currency. The latest round of sanctions approved by the UN Security Council ban member countries from operating joint ventures with North Korea.

The sanctions also ban sales of natural gas to North Korea and purchases of the North's textile exports, another key revenue source. They order other nations to limit fuel supplies to the North.

China, which provides the bulk of North Korea's energy supplies, announced Saturday it would cut off gas and limit shipments of refined petroleum products, effective January 1. China also has banned imports of North Korean coal, iron and lead ore, and seafood since early September.

On Thursday, the Ministry of Commerce defended its recent imports of North Korean coal as permitted by UN sanctions.

A ministry spokesman, Gao Feng, said imports that were reported in August trade data were allowed by a 'grace period' for goods that arrived before the UN ban took effect.

The imports are 'in line with the resolution,' Gao said.

Full Article: http://metro.co.uk/2017/09/28/china-orders-north-korean-businesses-to-close-under-un-sanctions-in-shock-move-6962542/



Oh jeez even NK's big brother is getting gnarly.
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Welp.

Expect NK will act even crazier now, or start threatening China as well.
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If this actually happens for real it will be the straw that breaks the camels back, I'm sure of it.
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Funkydog posted...

Expect NK will act even crazier now,

Is that even possible?
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UnfairRepresent posted...

Funkydog posted...

Expect NK will act even crazier now,

Is that even possible?

Well, could start threatening China as well?
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Bout damn time.
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Asherlee10 posted...

So, NK loses imports and exports they have with China. Does this mean NK will be forced to fold since that was their only link to the outside world?

They still have tenuous links with Russia, who it's believed is backing their nuclear program.
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Asherlee10 posted...

So, NK loses imports and exports they have with China. Does this mean NK will be forced to fold since that was their only link to the outside world?

In theory yeah.

But in practice they're not supposed to stop until next year and North Korea has no problem starving their citizens.

NK isn't going to fold so easily. They're going to poke the bear a few more times first
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Because China always follows through with what they say.

By the way what I just said is basically tinfoil hat conspiracy at this stage but as I get older I find those are more reasonable.
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GhostOfTrayvon posted...

Because China always follows through with what they say.

There's that too sadly

But even so China posturing alongside the UN is a pleasant surprise.
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UnfairRepresent posted...

GhostOfTrayvon posted...

Because China always follows through with what they say.

There's that too sadly

But even so China posturing alongside the UN is a pleasant surprise.

Key word, posturing.

GhostOfTrayvon posted...

UnfairRepresent posted...

GhostOfTrayvon posted...

Because China always follows through with what they say.

There's that too sadly

But even so China posturing alongside the UN is a pleasant surprise.

Key word, posturing.

Thank you sigless user, that's why I said it.
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Funkydog posted...

Welp.

Expect NK will act even crazier now, or start threatening China as well.

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When your best friend says you're fucking up, you're fucking up.

UnfairRepresent posted...

Thank you sigless user, that's why I said it.

You're saying its a pleasant surprise but it's not that at all. Pacifists will eat this up as a victory as China laughs at stupid laowais eating up their political maneuvering.

Asherlee10 posted...

pinky0926 posted...

By the way what I just said is basically tinfoil hat conspiracy at this stage but as I get older I find those are more reasonable.

Especially with Russia.

It's not that unreasonable as they definitely kickstarted their nuclear program in the 60s.
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based china
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Asherlee10 posted...

So, NK loses imports and exports they have with China. Does this mean NK will be forced to fold since that was their only link to the outside world?

no, it means the kim regime will simply allow its people to starve to death

i have long held that where this will end is a massive humanitarian crisis in which millions of north korean people die of starvation.

the regime's plan was to break up the US-led alliance in the region. it was a bad plan.
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shockthemonkey posted...

I'll wait to see how this actually plays out before jumping to joy but it seems like China is also getting scared of how far North Korea will escalate.

Yea.. China is scared of North Korea. Great insight, that's got to be it.

*rolls eyes*

Kids, leave the thinking to real men. Go back to watching porn and anime

pinky0926 posted...

They still have tenuous links with Russia, who it's believed is backing their nuclear program.

their nuclear program was assisted by the soviet union decades ago (built their nuclear power plants), and has mostly finished, aside from miniaturizaiton which is more recent

it's the missile program that most think is russian-assisted, and the reason for that is their unsymmetric hydrazine fuel is a classic russian design
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Things aren't looking good for 'ol NK if even China is turning their back.
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^ when have things ever looked good for NK?
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Thanks for showing us that picture of a Chinese guy, Unfair. It put everything into context.
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Baby steps just got a bit bigger
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UnfairRepresent posted...

Funkydog posted...

Expect NK will act even crazier now,

Is that even possible?

https://www.youtube.com/watch?v=rBgMeunuviE
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We owe them money. Of course they're going to bend to our will.
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The_Doge posted...

UnfairRepresent posted...

Funkydog posted...

Expect NK will act even crazier now,

Is that even possible?

https://www.youtube.com/watch?v=rBgMeunuviE

What's wrong with that, they seem cute to me?
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Still got to handle them.
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GhostOfTrayvon posted...

Because China always follows through with what they say.

This...China claims it has been following through with sanctions while at the same time increasing its trade with NK by around 7% year over year.

Tag
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GuyCarlPeterson posted...

Still got to handle them.

How do you propose we do that?
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And he was never seen again
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