December 30, 2025 02:08 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Bangladesh’s first female Prime Minister Khaleda Zia passes away at 80 | India rejects Pakistan’s Christmas vandalism remarks, cites its ‘abysmal’ minority record | Minority under fire: Hindu houses torched in Bangladesh village | Supreme Court puts Aravalli redefinition on hold amid uproar, awaits new expert committee | Supreme Court strikes! Kuldeep Sengar’s bail in Unnao case suspended amid public outcry | From bitter split to big reunion! Pawars join hands again for high-stakes civic battle | CBI moves Supreme Court challenging Kuldeep Sengar's relief in Unnao rape case | Music under attack: Islamist mob attacks James concert with bricks, stones in Bangladesh, dozens hurt | Christmas vandalism sparks mass arrests in Raipur; Assam acts too with crackdown on 'religious intolerance' | BJP's VV Rajesh becomes Thiruvananthapuram Mayor after party topples Left's 45-year-rule in city corporation

China to close North Korean companies in mainland

| @indiablooms | Sep 29, 2017, at 05:04 pm
Beijing, Sep 29 (IBNS): Following up on its textile ban and limiting oil exports, China has ordered North Korean companies plying trade in the mainland to close, reports said.

The order is in sync with the latest UN sanctions.

All North Korean companies in China will be shut by January, a BBC report added.

Earlier this month, Beijing, Pyongyang's main ally, limited its oil export to the latter and placed a ban on textile trade between the two nations.

Thus far, Beijing remained the only country which was a source of hard cash for Pyongyang.

China decision comes after the UN decided to levy sanctions on the reclusive nation, following its hydrogen bomb test earlier this month.

North Korea also stand accused of launching two projectiles over Japan and threatening the latter.

The projectile was launched over northern Japan's Hokkaido island.

Following the launch, Pyongyang said through its state news agency KCNA that 'the four islands of the (Japanese) archipelago should be sunken into the sea by the nuclear bomb of Juche'.

The test was condemned by world leaders, including UN Secretary General Antonio Guterres, who said, "I condemn the latest North Koreanmissile launch and call for DPRK to stop tests, abide by UN resolutions & begin dialogue immediately."

However, the latest turn of events, which unfolded earlier this week, between US President Donald Trump and North Korea supremo Kim Jong-un, has kept other surrounding nations on their toes.

Attending the UN General Assembly, Trump came down severely on Kim, terming the latter as 'rocket man' on a 'suicide mission'.

Kim reportedly took it to heart, as he made a rare speech, promising to make 'dotard' Trump pay dearly.

He ever said that his choice of developing nuclear weapons for his country was right, as he accessed Trump's speech as a 'war threat'.

Meanwhile, China's ban will come into effect from Oct 1.

Earlier, Trump had urged China to stop fuel supply to North Korea, a move that would have stalled Kim's ambitious nuclear project.

Along with oil and textile, other sanctions faced by North Korea are:

Last month, the UN slapped North Korea with several sanctions.

Importing coal, seafood, iron and iron ore, lead and lead ore from North Korea is banned.

No country can hire or receive North Korean workers.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.