It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

China bans new business with North Korea in line with sanctions

page: 1
4

log in

join
share:

posted on Aug, 26 2017 @ 09:34 AM
link   
China doing their part for the U.N.

Now they decided to ban new businesses that tie into North Korea !!

But wait.

China and North Korea are Communist Socialist governments.

Yet they are acknowledging "Individuals" and wait for it ..... "Enterprises" !!

Jeeezzzz.

China bans new business with North Korea in line with sanctions

China’s commerce ministry late on Friday banned North Korean individuals and enterprises from doing new business in China, in line with United Nations Security Council sanctions passed earlier this month.

New joint venture enterprises, new wholly owned businesses and the expansion of existing entities involving North Korean individuals or companies are prohibited in China, according to a notice released on the ministry’s website.

Applications for Chinese new or expanded investment in North Korea by Chinese companies would not be approved, the ministry said. The new measures take effect immediately.






posted on Aug, 26 2017 @ 10:07 AM
link   
a reply to: xuenchen

There is a reason why Douglas MacArthur said to never trust the ChiComs.......



posted on Aug, 26 2017 @ 10:16 AM
link   
communist in name only and hanging on to socialism barely.
wouldn't go as far to call the cpc remotely right leaning however, 'private companies' are still pretty much government run.



posted on Aug, 26 2017 @ 11:18 AM
link   
a reply to: xuenchen

China has a loose fitting form of communism. There are tons of businesses there.
some of Chinas big businesses

Or didn't you know that?
edit on 26-8-2017 by kelbtalfenek because: (no reason given)



posted on Aug, 26 2017 @ 07:38 PM
link   
a reply to: kelbtalfenek

China is more like a country run as one giant corporation.

The communist party is nothing more than a board of directors. Every state within China is run like a business and those who grows their business are rewarded.

Just like in any corporation, democracy is not a thing. The only thing that matters is growth and economic expansion.
edit on 26-8-2017 by markosity1973 because: (no reason given)



new topics

top topics
 
4

log in

join