North Korea is now under the heaviest international sanctions it's ever faced... over its missile
and nuclear programs.
And thanks in part to increasing enforcement of the sanctions by China, the Wall Street
Journal says Pyongyang is starting to "feel the sting."
Lee Seung-jae has this report.
China, a nation which has long been criticized by the U.S. for supporting North Korea,...
appears to be ramping up enforcement of international sanctions, which the U.S. hopes will force
the communist state to abandon its nuclear ambitions.
According to a report by the Wall Street Journal,... recent sanctions are slamming local Chinese
businesses along the border,... and are starting to impact North Korea with factory closures,
price rises, and power shortages in some areas.
According to researchers and foreign officials monitoring the North, the impact is likely
to intensify this year,... as the regime runs short of foreign currency and could trigger
and economic crisis by 2019.
Despite illegal smuggling persisting across the river that forms the border with China,...
and on a larger scale at sea,...
China's imports from North Korea dropped by a third in 2017,... and in December, were
down 82 percent from a year earlier.
In addition, Chinese exports to North Korea declined year-on-year every month since July,
with oil-product exports falling to almost zero since October.
And while this may mean losses for China, especially in border regions,...
China's foreign ministry says Beijing would continue enforcing UN sanctions.
On Thursday,... North Korea slammed the U.S. for trying to stifle them through sanctions,
and stated that President Trump's recent warning of a "phase two" against Pyongyang would not
work.
An English-language statement by the North's Foreign Ministry added that they've "prepared
their own formula to counter it".
Last week, President Trump warned there would be a second stage of action if the latest
U.S. sanctions fail to work.
The new punitive measures target 27 shipping and trade companies, 28 vessels and one individual
suspected of helping North Korea evade existing sanctions.
Lee Seung-jae, Arirang News.
For more infomation >> ☀ 장국영 자살 당학덕 유서☀ | News world Korea - Duration: 4:24. 
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