Chinese government orders shutdown of all North Korean businesses
The Chinese government has ordered that all businesses run by North Koreans, whether singly or in a joint partnership, must shut down within the next four months.
The order applies to all such businesses in China, as well as any Chinese/North Korean joint ventures abroad. It will exempt nonprofits and “noncommercial infrastructure projects,” whatever that is, and will also allow individual businesses to request a waiver.
The Chinese government has ordered that all businesses run by North Koreans, whether singly or in a joint partnership, must shut down within the next four months.
The order applies to all such businesses in China, as well as any Chinese/North Korean joint ventures abroad. It will exempt nonprofits and “noncommercial infrastructure projects,” whatever that is, and will also allow individual businesses to request a waiver.