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Statistics show China-North Korea trade up 15.9pc month to month

CHINA's trade with North Korea increased to US$388 million in November, but remained at its lowest levels this year as sanctions continue to bite, Reuters reports.

The total is up 15.9 per cent from October's $334.89 million but is still far lower than $613.2 million a year ago, according to data released by China's General Administration of Customs.



Overall China's trade with North Korea has been slowing since the latest United Nations penalties came into force on September 5, banning Pyongyang from selling coal, iron ore, lead, lead ore and seafood abroad.



The world's second-largest economy bought goods worth $100.18 million from North Korea in the last month, up from $90.75 million in October but lower compared to $262.2 million a year ago, data shows.



October was the lowest on Chinese government records going back to January 2014.



The UN Security Council has now imposed new sanctions on North Korea for its November 29 intercontinental ballistic missile test aimed at limiting its access to refined petroleum products and crude oil as well as its earnings from workers abroad.
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