China’s trade with North Korea sinks
By Reuters
November 24, 2017
BEIJING: China´s trade with North Korea fell in October to $334.9 million, its lowest since February, as imports shrank to their weakest in years, data showed on Thursday, the latest sign that sanctions have crimped business with its isolated neighbour.
The total is down almost 20 percent from September and compares with $525.2 million a year ago, according to customs´ data. The world´s second-largest economy bought goods worth $90.75 million in October from North Korea, down sharply from $145.8 million in September and the lowest on government records going back to January 2014, according to data from China´s General Administration of Customs. Exports plunged to $244.2 million. That compares with $266.4 million in September and $286.9 million in October last year.
The total is down almost 20 percent from September and compares with $525.2 million a year ago, according to customs´ data. The world´s second-largest economy bought goods worth $90.75 million in October from North Korea, down sharply from $145.8 million in September and the lowest on government records going back to January 2014, according to data from China´s General Administration of Customs. Exports plunged to $244.2 million. That compares with $266.4 million in September and $286.9 million in October last year.
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