Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

China trade with North Korea up but imports off sharply

byCT Report
06/07/2017
in Latest News
Share on FacebookShare on Twitter

BEIJING: China’s total trade with North Korea has risen despite Beijing’s promise to enforce U.N. sanctions over its nuclear program, but Chinese purchases of North Korean goods have fallen sharply. Customs data show total Chinese-North Korean trade in the first five months of this year rose 15 percent from a year earlier. That is less than the 36.8 percent figure earlier reported by the Chinese Customs agency and cited by U.S. President Donald Trump.

China buys North Korean coal, a revenue source for the isolated North. But a South Korean industry group, the Korea International Trade Association, says those purchases are off 45 percent this year. The trade growth is driven by rising Chinese exports to the North, while China’s imports have fallen, leaving Pyongyang with a widening trade deficit.

You might also like

ICCI delegation meets SIFC leadership to discuss trade and investment facilitation

30/10/2026

FBR refuses to reverse decision to shift customs assessment operations from Karachi to Islamabad

30/10/2026
Tags: China trade with North Korea up but imports off sharply

Related Stories

ICCI delegation meets SIFC leadership to discuss trade and investment facilitation

byCT Report
30/10/2026

ISLAMABAD: A delegation from the Islamabad Chamber of Commerce and Industry (ICCI), led by President Mohammad Zikria Akbar Zia, held...

FBR refuses to reverse decision to shift customs assessment operations from Karachi to Islamabad

byCT Report
30/10/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has reaffirmed its commitment to strengthening Faceless Customs Assessment (FCA), clarifying that the...

Pakistan’s exports rise 7.7 percent to $8.5 billion in 1QFY-2027

byCT Report
30/10/2026

ISLAMABAD: Pakistan’s remittances reached $10.9 billion in the first quarter of fiscal year 2026-27, marking a 14 percentage increase year-on-year,...

FBR issues new sales tax rules for steel manufacturers

byCT Report
30/10/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has introduced a new procedure for the payment and adjustment of additional sales...

Next Post

South region collects Rs295.616b with 13.4% growth

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.