Since the Korean War of the 1950s, the People’s Republic of China has been one of North Korea’s closest friends and allies, and since the collapse of the Soviet Union in 1991, one of its only ones. It is well-known that North Korea’s trading partnership with the PRC is crucial to the survival of its regime. In exchange for millions… Read more »
THE WASHINGTON TIMES: The U.N. Security Council unanimously pushed through a harsh slate of sanctions against North Korea on Wednesday — even winning support from China to slash coal imports from its nuclear-armed neighbor — a day after the Obama administration sought to ease regional concerns over a political crisis gripping South Korea. Beijing’s embrace of the U.S.-drafted resolution… Read more »
THE JAPAN NEWS: Prime Minister Shinzo Abe highly evaluated the U.N. Security Council’s new resolution to impose sanctions on North Korea on Wednesday, issuing a statement that the resolution demonstrates the international community’s will to take a resolute response with a new dimension completely different from the past. The resolution followed North Korea’s fifth nuclear test in September. The Japanese… Read more »
REUTERS: The UN Security Council imposed new sanctions on North Korea on Wednesday aimed at cutting the Asian country’s annual export revenue by a quarter in response to Pyongyang’s fifth and largest nuclear test in September. The 15-member council unanimously adopted a resolution to slash North Korea’s biggest export, coal, by about 60% with an annual sales cap of $400.9 million,… Read more »