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North Korea’s trade with China hit by sanctions

BEIJING – China’s imports from North Korea slowed in July while its exports to the sanctions-hit country dwindled after surging in recent months, according to official Chinese statistics.

Overall, bilateral trade between the two countries stood at $456-million last month, down nearly seven percent from June, according to General Administration of Customs figures.

The decline is partly due to a steady decline in China’s imports from its neighbour, which fell to $156.3-million in July, down three percent from the previous month and more than 30 percent year on year.

Read more at ENCA.com

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