Saturday, January 20, 2018

WORLD_ Small Chinese Shippers From Troubled Ports Seen Aiding North Korea Trade

THE WALL STREET JOURNAL

WORLD - ASIA - CHINA



Small Chinese Shippers From Troubled Ports Seen Aiding North Korea Trade

Several vessels accused by U.S. of sanctions violations hailed from struggling industry



By James T. Areddy and Chun Han Wong
Jan. 19, 2018 12:53 p.m. ET

LINHAI, China—Some of the Chinese ships U.S. authorities allege have helped North Korea evade trade sanctions sailed from ports like this, a depressed shipbuilding town.

Just a few years ago, locals in this eastern China town say, it was popular for residents to pool money and buy ships as they scrambled for a piece of an export boom driven by the region’s factories.

Today,...

READ MORE: https://www.wsj.com/articles/small-chinese-shippers-from-troubled-ports-seen-aiding-north-korea-trade-1516384386


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