China announced Tuesday it will trash North Korea’s economy by no longer purchasing coal, iron ore and other commodities from its reclusive neighbor.
China’s Ministry of Commerce in Beijing said it will comply with last month’s United Nations sanctions over North Korea’s nuclear weapons program.
North Korea is deeply dependent upon trade with China, as commodities account for more than 40 percent of North Korea’s overall exports to the People’s Republic, according to customs data. China accounts for about 90 percent of the hermit kingdom’s trade, which it uses to purchase the vital food, weapons, fuel and hard currency needed to prop up its government. China imported 19.6 million metric tons of coal from North Korea last year.
China has agreed to stop buying gold, titanium, vanadium and rare earth imports from North Korea as well.
Similar pledges made by China in the past failed to stop rampant smuggling across the border, and North Korea has a long history of exporting coal and iron in violation of previous sanctions.
China’s decision to stop purchasing North Korean coal could cause issues for the People’s Republic. Chinese consumption of coal tripled from 2000 to 2013 and the country now consumes approximately half of all coal used worldwide. In 2012, coal produced 66 percent of all Chinese electricity, according to the Energy Information Administration.
Cola produces a lot of the carbon dioxide (CO2) emissions which drive global warming, and China’s coal habit has made the country the world’s largest emitter of CO2 since 2006.
Send tips to andrew@
All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.