North Korea factories humming with 'Made in China' clothes, traders say
- Author: Megan Austin Aug 15, 2017,
Aug 15, 2017, 0:30
The move, which could eventually lead to steep tariffs on Chinese goods, comes at a time when Trump has asked China to do more to crack down on North Korea's nuclear missile program as he threatens possible military action against Pyongyang.
The first source said authorities began the halt about two weeks ago and the second trader said it was enforced about 20 days ago.
Tensions over North Korea's nuclear program escalated after Pyongyang tested two intercontinental ballistic missiles in July, prompting the United Nations to impose a fresh round of sanctions.
Trump's "transactional approach to foreign affairs" was unhelpful, it said, while "politicizing trade will only exacerbate the country's economic woes, and poison the overall China-U.S. relationship".
The China Daily said it was unfair for Trump to put the burden on China for dissuading Pyongyang from its actions.
Opposition parties emboldened by no confidence vote results
The opposition Democratic Alliance (DA) on Thursday submitted a motion calling for the National Assembly to be dissolved. The DA will now push to have our motion moved above the line and debated as soon as possible.
While Beijing has promised to open more industries to foreign companies, it also has issued new rules on electric auto manufacturing, data security, internet censorship and other fields.
President Trump has been slamming China for what he perceives as a lack of cooperation, but the Asian superpower has quietly been working its own economic angle with North Korea rather than joining Trump in all of his "fire and fury" bluster. The official spoke on condition of anonymity to discuss the order before Trump's formal announcement. "If China helps us, I feel a lot differently towards trade", he told reporters at his golf resort in Bedminster, New Jersey, while on a holiday. "I think that there is a real risk - by miscalculation, probably, more than anything else - of something happening that no one intends", he told BBC Radio 4. But Beijing is increasingly frustrated with Pyongyang and joined in approving a U.N. Security Council ban on August 5 on coal and other key goods.
"After that, entry of these goods will be prohibited", said an agency statement. Xi, in his phone conversation with Trump, urged calm, the officials said.
Assistant Foreign Minister Kong Xuanyou replaces Wu Dawei, who retired as China's top negotiator in the six-party talks that have been on hold since North Korea withdrew from them in 2009.
Observers said the new sanctions could cost about United States dollars 1 billion loss of revenue for China. Trump made addressing the US trade deficit with China a centerpiece of his campaign a year ago and has suggested raising tariffs on goods from China.