World News

China's imports from North Korea plummet in December, lowest for 4 years

China's imports from North Korea plummet in December, lowest for 4 years

Welcoming talks between North Korea and South Korea, India today said any solution to the Korean Peninsula must address concerns about Pyongyang's proliferation linkages.

But University of British Columbia professor Paul Evans, one of Canada's top experts on Asia, said it remains unclear what the government hopes to achieve with the meeting - or even what approach it wants to take on North Korea.

"We need to drive up the consequences for any vessels that are engaging in this kind of activity", he said.

Japan has also reportedly criticized the meeting.

"These officials feared that the United States was already trying to shape the battlefield for a military operation against the North, and that South Koreans do not seem to have grasped the reality that the Trump administration is set on a course for preventive war".

He also said that China would continue to make its own efforts to push the peninsula nuclear issue back to the track of dialogue and consultation as well as settlement. They include South Korea, Britain, the Philippines and Australia.

More news: Recommendation Trends for Investors: Comerica Incorporated (CMA), Hasbro Inc. (HAS)

In response to North Korean ballistic missile and nuclear weapons testing, such as the launches of three intercontinental ballistic missiles and the detonation of a staged thermonuclear bomb created to level cities, the U.N. Security Council has imposed tough sanctions on the rogue regime.

China, the main source of North Korea's fuel, did not export any gasoline, jet fuel, diesel or fuel oil to its neighbour in November. North Korea agreed to send a delegation to the Olympic Games and both sides agreed to hold talks on reducing tensions along their border.

Canada and the United States are co-hosting the meeting in Vancouver on 16th of this month to demonstrate worldwide solidarity against North Korea's nuclear and missile tests.

With no change on this key point, the State Department is calling for deeper financial controls to cut off any illicit money flowing to or from the regime, said Hook.

Those sanctions could target additional Chinese banks and businesses, key partners of the North Korean regime.


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