China Snubs N. Korea – Takes BOLD Stand for the US

China Snubs N. Korea – Takes BOLD Stand for the US

Wow. I am genuinely shocked over this one. China has always exerted quite a bit of control over North Korea. And now they are seemingly making another big statement. According to aerial views, China has turned back North Korean freighters laden with coal, their biggest export. The cargo ships were bound for Nampo. And this came into being as a policy before Chinese President Xi Jinping met with President Trump. China banned all imports of North Korean coal starting back on February 26th. This was in response to the NoKos testing missiles and losing face internationally. Not as a direct result of the meeting last week.

As I understand it, China intends to now purchase coal from the US. It’s a development I totally didn’t see coming. A source at Dandong Chengtai, one of China’s biggest buyers of North Korean coal, said the company had 600,000 tonnes of North Korean coal sitting at various ports, and a total of 2 million tonnes was stranded at Chinese ports. Eikon data shows that most of these ships have recently left Chinese coal ports, including Weihai and Peng Lai, returning to North Korea full or mostly filled with cargo. Winning.

From Reuters:

A fleet of North Korean cargo ships is heading home to the port of Nampo, the majority of it fully laden, after China ordered its trading companies to return coal from the isolated country, shipping data shows.

Following repeated missile tests that drew international criticism, China banned all imports of North Korean coal on Feb. 26, cutting off the country’s most important export product.

To curb coal traffic between the two countries, China’s customs department issued an official order on April 7 telling trading companies to return their North Korean coal cargoes, said three trading sources with direct knowledge of the order.

U.S. President Donald Trump and Chinese President Xi Jinping were discussing North Korea at Trump’s Mar-a-Lago resort on April 7.

Shipping data on Thomson Reuters Eikon, a financial information and analytics platform, shows a dozen cargo ships on their way to North Korea’s main west coast port of Nampo, almost all carrying cargoes from China.

North Korea is a significant supplier of coal to China, especially of the type used for steel making, known as coking coal. Now, instead, the supplies will come from the US just as President Trump wanted. China is placing massive orders for coal. Eikon data shows no U.S. coking coal was exported to China between late 2014 and 2016, but shipments soared to over 400,000 tonnes by late February. But I wouldn’t praise the Chinese too quickly… the other big coking coal supplier that has ramped up exports to China since the ban on North Korean cargoes is Russia.

The move reflects China’s public commitment on Feb. 26 to join other nations in punishing North Korea for its continued nuclear weapons and ballistic missile development program. China said in February it was suspending North Korean imports for the rest of this year. This shows that China is at least willing to deal with us to a certain extent. It also portends very bad things for North Korea and I’m good with that.

A Thomson Reuters Eikon ship-tracking screen shows cargo ships returning to Nampo port in North Korea April 11, 2017. REUTERS/Thomas White/Illustration

Terresa Monroe-Hamilton

Terresa Monroe-Hamilton is an editor and writer for Right Wing News. She owns and blogs at NoisyRoom.net. She is a Constitutional Conservative and NoisyRoom focuses on political and national issues of interest to the American public. Terresa is the editor at Trevor Loudon's site, New Zeal - trevorloudon.com. She also does research at KeyWiki.org. You can email Terresa here. NoisyRoom can be found on Facebook and on Twitter.

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