• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
North Korea

China Just Took a Big Swing at North Korea’s Economy

Lucinda Shen
By
Lucinda Shen
Lucinda Shen
Down Arrow Button Icon
Lucinda Shen
By
Lucinda Shen
Lucinda Shen
Down Arrow Button Icon
February 18, 2017, 12:05 PM ET
CHINA-NKOREA-MISSILE-TRADE
This picture taken on December 14, 2012 from China's northeastern city of Dandong, looking across the border, shows a North Korean military officer (R) and a North Korea man (L) standing behind a pile of coal along the banks of the Yalu River in the northeast of the North Korean border town of Siniuju. China is North Korea's biggest trading partner by far, and most of the business passes through Dandong in northeastern China, where lorries piled high with tyres and sacks are processed at the customs post. AFP PHOTO / WANG ZHAO (Photo credit should read WANG ZHAO/AFP/Getty Images)AFP AFP/Getty Images

China said Saturday it would ban North Korea coal imports for the rest of 2017 — a move that will likely strain already rocky relations between the two allies.

Coal is North Korea’s financial lifeline, according toThe Washington Post, which reported on the announcement. The commodity is North Korea’s single largest export item, while North Korea is China’s fourth largest supplier of the fuel.

Although the world’s second largest economy offered no explanation for the cut-off, China has been under international pressure to help moderate North Korea’s increasingly aggressive actions since Kim Jong-un took over the hermit kingdom in 2011.

China’s ban could help put international sanctions aimed at North Korea’s nuclear weapons efforts into fuller force.

North Korea’s recent ballistic missile test and the apparent assassination of Kim Jong-un’s half-brother, Kim Jong-nam seemed to be a tipping point for China.

Kim Jong-nam died in Malaysia earlier this week, though he had been living in the former Portuguese colony of Macau. The city is now a special administrative region under China, and experts say Kim Jong-nam received protection from the Chinese government as a result.

About the Author
Lucinda Shen
By Lucinda Shen
See full bioRight Arrow Button Icon
0

Most Popular

placeholder alt text
Success
At 18, doctors gave him three hours to live. He played video games from his hospital bed—and now, he’s built a $10 million-a-year video game studio
By Preston ForeDecember 10, 2025
2 days ago
placeholder alt text
Success
Palantir cofounder calls elite college undergrads a ‘loser generation’ as data reveals rise in students seeking support for disabilities, like ADHD
By Preston ForeDecember 11, 2025
1 day ago
placeholder alt text
Investing
Baby boomers have now 'gobbled up' nearly one-third of America's wealth share, and they're leaving Gen Z and millennials behind
By Sasha RogelbergDecember 8, 2025
4 days ago
placeholder alt text
Economy
‘We have not seen this rosy picture’: ADP’s chief economist warns the real economy is pretty different from Wall Street’s bullish outlook
By Eleanor PringleDecember 11, 2025
1 day ago
placeholder alt text
Economy
Tariffs are taxes and they were used to finance the federal government until the 1913 income tax. A top economist breaks it down
By Kent JonesDecember 12, 2025
6 hours ago
placeholder alt text
Uncategorized
Transforming customer support through intelligent AI operations
By Lauren ChomiukNovember 26, 2025
16 days ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.