![](https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2017/07/05/104568272-RTX3A3V0.1910x1000.jpg)
China`s imports from North Korea dropped 13.2 percent in January-to-June to $880 million, data from Chinese customs showed on Thursday.
Exports to North Korea rose 29.67 billion during the period, the data showed.
China`s trade with North Korea expanded by 10.55 billion in the six months.
The exports were largely driven by textile products and other traditional labor-intensive goods that are not included on the United Nations embargo list, Huang Songping, a customs spokesman, said at a briefing in Beijing.
Notably, China Customs said its first-half coal and iron ore imports from North Korea were in line with U. Security Council resolutions.
President Donald Trump last week criticized China for its ties with North Korea`s government following the launch of a test missile, saying that China`s economic interests undermined its ability to challenge President Kim Jong-un`s totalitarian regime.
The UN and the U. have attempted to use sanctions for the past decade in an attempt to stem North Korea`s nuclear weapons development, but the latest July 4 test, which demonstrated a significant advance in its capabilities, have forced international bodies to reconsider their response going forward.
This is a breaking news story. Check back for updates.
—CNBC`s Karen Gilchrist contributed to this report.
Correction: This story was updated following Reuters` disclosure of the correct percentage by which trade increased.
0 comments:
Post a Comment