Space Industry and Business News  
NUKEWARS
China's N. Korea coal imports surge despite sanctions: data
by Staff Writers
Beijing (AFP) Sept 26, 2016


China's coal imports from North Korea have surged in recent months, government data showed Monday, raising questions about Beijing's commitment to international sanctions intended to curb Pyongyang's nuclear programme.

As the isolated country's sole ally and main provider of trade and aid, Beijing's participation in the UN-imposed restrictions is crucial for their success.

But in August China imported 2.465 million tonnes of North Korean coal worth $113 million, 60 percent more than in April when sanctions were imposed and 35 percent more than a year ago, according to data on the Customs website.

Imports of North Korean iron ore also rose, from 110,500 tons in April to 197,000 tons last month, data showed.

The UN Security Council in March agreed to impose sanctions on certain North Korean exports, including coal and iron, But it also said it would allow trade to continue for "livelihood" purposes -- if the proceeds did not go towards funding Pyongyang's nuclear or weapons programmes.

The UN did not set criteria for making that determination, leaving each country to make its own decision.

In April China announced it would place restrictions on imports of both items, among others.

Trade with the world's second largest economy is crucial for the isolated and impoverished North, which has suffered regular food shortages and an outright famine in the mid-1990s.

In 2015 China accounted for more than 90 percent of North Korea's $6.25 billion in total trade, according to figures from South Korea's state-run Korea Trade-Investment Promotion Agency.

China's total imports from North Korea in August rose 16.7 percent year-on-year to $291.3 million, Customs data showed.

The figures come just weeks after North Korea tested its fifth and most powerful nuclear device.

China has said it "firmly opposes" the test, but analysts believe it has resisted targeting the North's fragile economy for fear of provoking the regime's collapse.

It fears this could prompt a flood of cross-border refugees and ultimately the prospect of US troops stationed on its border in a reunified Korea.

The international community has engaged in a flurry of diplomacy to try to persuade China to use its leverage with Pyongyang.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
Learn about nuclear weapons doctrine and defense at SpaceWar.com
Learn about missile defense at SpaceWar.com
All about missiles at SpaceWar.com
Learn about the Superpowers of the 21st Century at SpaceWar.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
NUKEWARS
US hits Chinese firm with sanctions over N. Korea trade
Washington (AFP) Sept 26, 2016
The United States moved to tighten the economic noose around North Korea Monday, charging and sanctioning a firm owned by a prominent Chinese businesswoman for extensive trade ties with the regime. In a move designed to choke-off North Korea's external economic lifeline, the US government targeted 44-year-old Ma Xiaohong and her vast conglomerate based in China's frontier city of Dandong. ... read more


NUKEWARS
Levitating nanoparticle improves torque sensing in quest for quantum theory fundamentals

Apple teams with Deloitte to push deeper into work

Use of 'large open-ended pipe piles' could lead to lower-cost bridge construction

'Virtual orchestra' hits high notes in London

NUKEWARS
SES unveils new tactical surveillance and communications solution

Newest DARPA Challenge: 'Shift Paradigm' With Robot Radio

SES Government solutions to provide the US with a high performance network

The sky's no limit for young space professionals

NUKEWARS
Launch of Atlas V Rocket With WorldView-4 Satellite Postponed Till October

Rocket agreement marks countdown to New Zealand's first space launch

Parallel launch preparations put Ariane 5 on track for next launch

Vega orbits "eyes in the skies" on its latest success

NUKEWARS
SMC exercises contract options to procure two additional GPS III satellites

Lockheed gets $395 million GPS III Space Vehicle contract modification

2 SOPS bids farewell to miracle satellite

China issues development plan for geoinformation industry

NUKEWARS
EU 'cautiously optimistic' on global pact to curb aviation emissions

Bell contracted to supply helicopters to Uganda, Kenya

Japan wins State Dept. approval for KC-46A acquisition

Raytheon receives $254 million Joint Precision Approach and Landing System contract

NUKEWARS
Integrating graphene, reduced graphene oxide onto silicon chips at room temperature

Semiconducting inorganic double helix

One-pot synthesis towards sulfur-based organic semiconductors

Seeing energized light-active molecules proves quick work for Argonne scientists

NUKEWARS
Vega to launch ESA's wind mission

METimage: New Weather Data Every 1.7 seconds

Rezatec to develop the use of satellite data in evaluating plant health in UK

Earth Observation Manufacturing, Data Markets Continue Expansion

NUKEWARS
Ocean records show leaded fuel emissions on the decline

Over 90% of world breathing bad air: WHO

China ship owners pay up for Australia reef disaster

Southeat Asian haze crisis killed over 100,000: study









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.