China’s exports to North Korea grow at faster pace in Sept
DeeperDive is a beta AI feature. Refer to full articles for the facts.
CHINA’S exports to North Korea accelerated in September, with major exports including wool and hair for wig production and agricultural products, Chinese customs data showed on Friday (Oct 20).
Chinese shipments to North Korea in September rose 15.9 per cent from August to US$188.7 million by value, quickening from a 4.1 per cent month-on-month gain in the previous month, data released by China’s General Administration of Customs showed.
Top Chinese shipments to Pyongyang included processed hair and wool for use in wigs, cream, wheat flour, soybean oil, granulated sugar and rice.
Overall exports from China to North Korea hit US$1.4 billion during the January-September period, up 179.8 per cent from the same period a year earlier.
China’s national broadcaster CCTV reported on Sep 25 that North Korea had allowed foreigners to enter, and that visitors would be subject to a two-day quarantine upon arrival. But China has not been notified through diplomatic channels about any re-opening of North Korea’s borders, a spokesperson at the Chinese foreign ministry said on September 26. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
Singaporeans can now buy record amount of yen per Singdollar
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Keppel DC Reit posts 13.2% higher Q1 DPU of S$0.02833 on strong portfolio performance