North Korean Coal Sacrificed for Good of China Trade Deals — Panjiva
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North Korean Coal Sacrificed for Good of China Trade Deals

China 3047 Energy - Coal 69 Energy - Conventional 468 Energy - Refined Oil 203 Metals - Copper 78 North Korea 42 Sanctions 170 Trade Deals 1017

China’s government will abide by the recent UN Security Council resolution restricting North Korea’s coal exports, at least through the end of the year. China’s imports of these were worth $1 billion in the past 12 months, and had jumped 70% in October on a year earlier, Panjiva data shows. Yet, the North Korean volumes represented only 11% of China’s total imports. The move will also help China’s push to secure regional trade deals in Asia, including with potential partners Japan and South Korea.

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