China Escalates Pressure On North Korea: Crude Oil Supply Halt On The Table | WHAT REALLY HAPPENED


China Escalates Pressure On North Korea: Crude Oil Supply Halt On The Table

While US and North Korean officials have traded verbal missiles in the past few days, China has been noticably quiet. However, that just changed as a prominent Chinese expert told The Nikkei that China likely will halt crude oil exports to North Korea should Pyongyang conduct its sixth nuclear test, signaling a tougher attitude by Beijing toward its rogue neighbor.

North Korea relies almost entirely on China for oil. The Asian giant shipped about 500,000 tons of crude to the North each year until 2013, according to the Chinese customs agency. Bilateral ties cooled that year after Pyongyang carried out its third nuclear test, and exports officially have remained at zero since 2014. But China is believed to still provide crude to North Korea off the books. A complete freeze would impact the North Korean economy.

A nuclear test or the launch of intercontinental ballistic missiles would violate United Nations Security Council resolutions, and China is certain to respond with additional sanctions, said Zhang Liangui, a professor at the Chinese Communist Party's Central Party School and noted authority on North Korea.

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