China appears to have ruled out economic cooperation
with North Korea in its recently unveiled five-year business plan.
According to Seoul-based Yonhap News Agency’s analysis of documents released from China’s
National People’s Congress over the weekend, one of China’s major business plans this year
was to collaborate with Russia, South Korea, Japan, Germany and Israel in creating an economic
platform. There was no mention of North Korea.
The news agency says this could have been affected by the decision by China’s border
cities to exclude economic cooperation with North Korea after the regime’s fourth nuclear
test in January. China has been abiding with the UN Security
Council’s latest set of sanctions on North Korea by complying with the financial restrictions
and banning the entry of North Korean vessels to its ports.