USA hails China's reduction of trade with N. Korea

Trump cryptic about contacts with NKorea's Kim

"Trump Administration is pleased that China is sharply reducing its trade with North Korea", the White House said in a statement.

China reported a substantial decrease in trade with North Korea on Friday, highlighting the impact of sanctions on the rogue state.

While Chinese exports to North Korea increased in 2017 by 8.3 percent, imports slumped 33 percent from the year earlier, Market Watch reports.

"The meeting will bring together nations from across the globe to demonstrate global solidarity against 's risky and illegal nuclear and ballistic missile programs", the department said in a statement Thursday.

The move was initiated due to Pyongyang's refusal to halt its nuclear and ballistic missile tests, thus violating the UNSC resolutions.


Amid the unprecedented escalation of the tensions on the Korean Peninsula since summer, Russian Federation and China proposed the so-called double freeze plan: with North Korea, on one hand, halting its nuclear and missile programs, while its neighbors, on the other hand, would refrain from holding joint drills with the United States in the region.

The two Koreas held their first high-level talks in more than two years this week, leading some to expect an easing of tensions ahead of the PyeongChang Winter Olympics next month.

"China absolutely needs to be part of any negotiation of the North Korean situation, as will North Korea, and North Korea's not going to be in Vancouver either".

Other countries slated to send representatives include Britain, Australia, France and India. In comments to the Wall Street Journal on Thursday, U.S. President Donald Trump said that he "probaby [has] a very good relationship with Kim Jong Un", the North Korean leader. "I think you people are surprised", he added.

A senior U.S. official said Thursday the United States plans to lobby allies at a major meeting next week to stop and inspect suspect ships bound for North Korea.

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