China slashes trade ties with North Korea


China has moved to limit North Korea’s oil supply and will stop buying textiles from the politically isolated nation, it said on Saturday.

China is North Korea’s most important trading partner, and one of its only sources of hard currency.

The ban on textiles trade will hurt Pyongyang’s income, while China’s oil exports are the country’s main source of petroleum products. The tougher stance follows North Korea’s latest nuclear test this month.

The United Nations agreed fresh sanctions – including the textiles and petroleum restrictions – in response.

 

Source: BBC

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