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Saturday, 23 September 2017 - 10:53
China slashes trade ties with North Korea
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China has moved to limit North Korea's oil supply and will stop buying textiles from the politically isolated nation, according to foreign media.

China is North Korea's most important trading partner, and one of its only sources of hard currency.

The ban on textiles trade will hurt Pyongyang's income, while China's oil exports are the country's main source of petroleum products.

The tougher stance follows North Korea's latest nuclear test this month.

The United Nations agreed fresh sanctions, including the textiles and petroleum restrictions, in response.

A statement from China's commerce ministry said restrictions on refined petroleum products would apply from the 1st of October, and on liquefied natural gas immediately.

However, a limited amount, allowed under the UN resolution, would still be exported to North Korea.

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