China Cracking Down On North KoreasteemCreated with Sketch.

in #news7 years ago

After UN sanctions, China is cranking the heat up on North Korea. Cenk Uygur, Ana Kasparian, and Ben Mankiewicz, the hosts of The Young Turks, tell you how. Tell us what you think in the comment section below. Join TYT: https://goo.gl/v8E64M

“Chinese regulators said on Thursday that North Korean companies in China, including those that have joint ventures with Chinese firms, must shut down within less than four months, a signal of growing tensions between the two countries over Pyongyang's nuclear and ballistic missiles programs.

The move comes amid heavy pressure from the Trump administration, which has made the North Korean nuclear issue the cornerstone of its policy in Asia. President Trump and members of his administration have repeatedly signaled that the US depends on China to enforce international sanctions on North Korea in an effort to curb Pyongyang's nuclear ambitions.

China's Ministry of Commerce and the State Administration for Industry and Commerce said in an online statement that as part of implementing UN sanctions, North Korean entities and individuals that have set up businesses in China — from joint ventures to directly funded enterprises — must shut down within 120 days of the latest United Nations Security Council sanctions passed on Sept. 11. Sanctions this year have targeted North Korean industries from textiles to coal.

Chinese joint ventures with North Korean individuals or entities abroad must also shut down, the statement said. The rules will be enforced by authorities at the provincial level.”

Read more here: https://www.buzzfeed.com/meghara/chin...

Hosts: Cenk Uygur, Ana Kasparian, Ben Mankiewicz

Cast: Cenk Uygur, Ana Kasparian, Ben Mankiewicz


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