Buckle Up: China Orders All Their Companies In North Korea to Close Within 120 Days

RedFlag

Excerpt:

In the latest sign that China is moving to dramatically limit its exposure to its restive neighbor and long-time economic dependent, Chinese authorities on Thursday ordered all North Korean firms to stop doing business in the world’s second-largest economy, fulfilling Beijing’s obligations according to the latest round of UN Security Council sanctions, which were passed two weeks ago.

The order comes just days after President Donald Trump revealed that the People’s Bank of China had asked the country’s banks to sever their business ties with North Korea.

………………………………………………

View more on this topic, including video at:

https://www.redflagnews.com/headlines-2017/buckle-up-china-orders-all-their-companies-in-north-korea-to-close-within-120-days

and also at:

ZeroHedge, by Tyler Durden, 9/28/2017 — http://www.zerohedge.com/news/2017-09-28/beijing-orders-all-north-korean-businesses-close