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China limits Fuel, Textile Trade with North Korea

Megha Jain

Content Head

China to limit oil exports from Oct. 1 and ban textile imports from the North Korea over the sanctions against North Korea adopted by United Nations. The move came to put pressure on North Korea over its nuclear and ballistic missile programs as China is major trade partner and this ban will majorly affect Pyongyang's income. Earlier, China has stopped North Korean coal imports and banned new investments