GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
No Result
View All Result
Home Headlines

Traders Say Business As Usual At China-N.Korea Border

July 6, 2017
in Headlines
Share on FacebookShare on Twitter

Trucks still line up bumper-to-bumper on the “Sino-Korean Friendship Bridge” to bring goods from North Korea into China even as Beijing faces massive pressure to strangle its Communist ally economically.

You Might Also Like

Ghanaian Can Travel to South Africa Visa-Free

2019 – the Biggest Year yet for Ghanaian Tourism

Three Britons On Trial In Singapore Accused of Gang-Raping Drunk Woman

Some two dozen trucks awaited clearance to enter the border city of Dandong, through which 70 percent of North Korea’s trade passes, a day after Pyongyang successfully tested an intercontinental ballistic missile on Tuesday.

While United Nations sanctions do not ban all trade with North Korea, US President Donald Trump has berated China for not doing more to cut off more sources of cash that have kept the reclusive regime afloat.

The US administration is now leading a new push at the UN to impose tougher sanctions on Pyongyang after Trump complained that trade between China and North Korea had surged in the first quarter.

Traders in Dandong acknowledge that it is business as usual at the border, with taxi drivers saying they have not seen a dip in the number of North Korean merchants visiting the city in recent days.

Gold is among the raw materials from North Korea that are banned under UN sanctions.

But the manager of a store selling “North Korean speciality products” on the boardwalk of the Yalu River said her employees have had no trouble going across the border to purchase gold and silver in recent months.

The manager, who refused to give her name, said the raw material is sent to factories in the southern city of Guangzhou, where it is made into rings and bracelets.

“It’s cheaper to buy from North Korea, so the prices we offer shoppers are cheaper than what they can normally find in China,” she said.

“We operate as normal. We have been working with the same North Korean suppliers for years.”

A clerk in another gift shop down the street, which employs a similar business model for its gold jewelry, said she does not know about any disruptions.

“Most of our products are actually made in China, but items such as these traditional dresses are made by North Korean workers who have come over to Dandong to work in textile factories,” said the Chinese clerk, surnamed Yan.

Trump complained on Wednesday that trade between China and North Korea grew almost 40 percent in the first quarter. Official Chinese customs data shows a 37.4 percent rise in yuan terms and 30.6 percent in US dollars.

But China decided to stop buying North Korean coal in February and total imports from the North have steadily dropped every month from $207 million in January to $99 million in April.

Riverboat operator Heng Ge, who brings tourists close to North Koreans on the shore, said that despite the precarious political environment, Chinese curiosity about their neighbours has not waned.

“Our tours are often packed. Chinese people really want to see what the lives of ordinary North Korean people are like, and want to see North Korean soldiers up close. This hasn’t changed,” Heng said.

Dandong residents say they are grateful for the benefits the city reaps from acting as both a trade and cultural exchange point between the two countries.

“Other Chinese might have hostile feelings toward our Korean neighbours,” said Peng Li, a local souvenir vendor. “But here in Dandong, we live together comfortably.”

Join GhanaStar.com to receive daily email alerts of breaking news in Ghana. GhanaStar.com is your source for all Ghana News. Get the latest Ghana news, breaking news, sports, politics, entertainment and more about Ghana, Africa and beyond.

Tags: BeijingchinaChinaNorth Korea borderChinaNorth Korea relationsClerkDandongDonald TrumpGeography of ChinaGuangzhouHeng GeLiaoningmanagermanager of a store sellingNorth KoreaPeng LiPolitical geographypresidentPyongyangSino-Korean Friendship Bridgespeciality productsUnited NationsUnited StatesUS administrationYalu River

Related News

Ghanaian Can Travel to South Africa Visa-Free

by
July 10, 2019
0

Citizens of Ghana no longer need a visa to travel to South Africa. This is because the South African Government...

2019 – the Biggest Year yet for Ghanaian Tourism

by
January 24, 2019
0

2018 was a good year for tourism in Ghana with more than GH₵5.8 billion spent in the country's travel and...

Three Britons On Trial In Singapore Accused of Gang-Raping Drunk Woman

by
August 1, 2017
0

Three British men have gone on trial in Singapore today accused of gang-raping a 23-year-old woman while visiting the city-state...

Pakistani Taliban Launches Women’s Magazine

by
August 1, 2017
0

The Pakistani Taliban on Tuesday released the first edition of a magazine for women, apparently aiming to convince its target...

Next Post

Trump Kicks Off Fraught Europe Tour With Poland Speech

Philippines' Duterte Vows To Eat Militants After Beheadings

Categories

  • Africa & World
  • African Music Lyrics Directory
  • Business
  • Business Directory
  • celebrities
  • Computing
  • Diaspora
  • Entertainment
  • Events
  • Feature
  • Featured
  • Ghana Elections 2016
  • Headlines
  • Health
  • International
  • Internet
  • Jobs
  • lifestyle
  • Music
  • News
  • Offbeat
  • Opinion
  • Politics
  • Profiles
  • Religion
  • Security
  • Seth Terkper
  • Smart Home
  • Social Networks
  • Sports
  • Technology
  • Top Stories
  • World News

Tags

accra addo africa Association football Banks - NEC business Business_Finance chairman Donald Trump economy education Entertainment_Culture environment Geography of Africa ghana Ghanaian people government Government of Ghana Human Interest John Dramani Mahama john mahama Law_Crime mahama minister MPs elected in the Ghanaian parliamentary election Nana Addo Nana Addo Dankwa Nana Akufo-Addo National Democratic Congress National Democratic Congress (NDC) New Patriotic Party New Patriotic Party (NPP) nigeria politics Politics of Ghana president Social Issues Social Media Social Media & Networking sports United Kingdom United Nations United States Vice President War_Conflict

Recent Posts

  • Government of Ghana Unveils Official Portraits of President John Dramani Mahama and Vice President Prof. Naana Jane Opoku-Agyemang
  • Who Is the Woman (Sheena Gakpe) in Sarkodie’s Latest Hit “No Sir” and Why Everyone Is Talking about It
List of Ghana Holidays for 2020
Ghana Geocoding
Ghana Cedis Exchange API
Ghana Maps Service
Toyota Cars Auto Auction History
  • African Music Lyrics Directory
  • Business Directory
  • Diaspora
  • Top Stories

All rights reserved © 2021 GhanaStar.com

No Result
View All Result
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music

All rights reserved © 2021 GhanaStar.com