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In China, North Korean firms still trading despite shutdown order

“The ninth is a key day, the last day for businesses to split up, and they should close,” said Lu Chao, director of the Border Study Institute at the Liaoning Academy of Social Sciences, a government think tank. Foreign ministry spokesman Lu Kang said China upholds its UN obligations and will “seriously punish” those who violate sanctions. North and South Korea agree to military talks, Pyongyang to send athletes to Winter Olympics The 14-floor Chilbosan hotel in the heart of Shenyang, capital of the northeastern province of Liaoning, has been a key source of revenue for Pyongyang. But a woman who answered the phone at the front desk on Tuesday said they were not taking new reservations for its 154 rooms. “We are closed for the time being ... since today,” she said, adding that she did not know why. A day earlier, North Koreans with flag pins on their chests had been tucking into breakfast buffets. Guests could watch the North’s state-owned television station in their rooms. “Shenyang’s Chilbosan hotel is North Korea’s largest investment in China or abroad,” Lu said. “They invested US$25-US$30 million.” Pyongyang operates the hotel in a joint venture with Dandong Hongxiang Industrial Machinery, a company that the US says once accounted for a fifth of trade between China and the North. The US sanctioned the company and filed criminal charges against its Dandong-based owner Ma Xiaohong in 2016, accusing her of ties to the North’s weapons programme.

For the original version including any supplementary images or video, visit https://www.scmp.com/news/china/diplomacy-defence/article/2127530/china-north-korean-firms-still-trading-despite-shutdown

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Major Disarmament Expected in North Korea Within Trumps First Term, Pompeo Says

The authoritarian country’s state-controlled news media said that Mr. Trump had promised to eventually lift sanctions against the North and to end joint military drills with South Korea . It also said the United States had agreed to a phased, “step-by-step” denuclearization process for the North, rather than the immediate dismantling of its nuclear capability. If the summit talks in Singapore gave Mr. Trump an opportunity to play the diplomat on a grand scale, they did no less for Mr. Kim.CreditDoug Mills/The New York Times If the talks in Singapore on Tuesday gave Mr. Trump an opportunity to play the diplomat on a grand scale, they did no less for Mr. Kim, whose country has long sought such a meeting with an American president. The state-run newspaper Rodong Sinmun plastered the pages of its Wednesday edition with color photographs of Mr. Kim and Mr. Trump talking, walking and smiling, apparently as equals, with the flags of the two countries arranged side by side as a backdrop.

For the original version including any supplementary images or video, visit https://www.nytimes.com/2018/06/13/world/asia/trump-kim-summit-north-korea.html

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