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Tuesday, May 23, 2017


China's Imports From North Korea Sink Below $100 Million As Coal Ban Bites



China's Imports From North Korea Sink Below $100 Million As Coal Ban Bites - China's imports of North Korean goods fell below $100 million (77 million pounds) to fresh multi-year lows in April, accelerating a months-long decline after China halted coal shipments from its isolated neighbour, data showed on Tuesday.

The world's second-largest economy brought in $99.3 million worth of goods from North Korea, the lowest since at least June 2014. That compares with $114.6 million in March and $167.7 million a year earlier.

The value of imports has fallen month-on-month since December, data from the General Administration of Customs showed.

China's exports to North Korea eased to $288.2 million in April, down 12 percent from March. Year-to-date, exports were up 32 percent at $1 billion.

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