MARKETS

China ignores UN in pursuit of cheaper coal

DESPITE the imposition of tougher United Nations sanctions aimed at limiting North Korea’s ability to fund its nuclear and ballistic missile programs, China imported a record amount of coal from the reclusive nation in August.

Karma Barndon
North Korean coal

North Korean coal

Stricter measures imposed in March were supported by China at the time, and coal imports from North Korea did dip, from 2.345 million tonnes in March to 1.527Mt in April. However in August China broke...

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