chinas solar panels shine spotlight on north korea trade
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

China's solar panels shine spotlight on North Korea trade

Arab Today, arab today

Arab Today, arab today China's solar panels shine spotlight on North Korea trade

Traders from North Korea
Dandong - Arab Today

Traders from North Korea visit Yuan Huan's shop in the Chinese border city of Dandong several times a month to place orders, bringing their own translators and wads of cash.

Yuan, manager of Sangle Solar Power, said sales to North Koreans have soared in the past two years, one of the border businesses still thriving despite growing US pressure for China to limit commerce with the Stalinist regime.

Since North Korea mostly relies on outdated generators, blackouts are common and solar panels are prized for their role as backup power.

Berkeley-based researchers at the Nautilus Institute estimated that at the end of 2014, about two percent of North Korea's population had acquired solar panels.

And despite new United Nations sanctions further narrowing the categories of goods that can be traded with the hermit state this month, solar panels have remained off the growing blacklist.

Yuan's shop offers a window into how Chinese traders do business with North Korea, a country with few allies and whose economy relies heavily on China's patronage.

Every day, trucks filled with cargo cross the Sino-Korean Friendship Bridge that connects Dandong to the North Korean city of Sinuiju.

After receiving orders from North Korean customers, Yuan drops off packages at a riverside depot, and a Chinese logistics company takes care of transport across the waterway.

Some of her North Korean customers place orders by phone, but most prefer to make arrangements in person, she said.

"It is actually quite easy for traders to go back and forth. Some buy over 20 units at a time," Yuan told AFP.

Several North Korean solar energy research and assembly plants have begun operation in recent years, according to domestic media reports, but Chinese panels appear to remain in high demand.

Last year, China exported 466,248 solar panels across the border, according to official figures from Beijing.

- Immune from sanctions? -

China on Tuesday started banning imports of iron, iron ore and seafood from North Korea as it implements the new UN sanctions, which could cost Pyongyang $1 billion per year and were imposed after its two intercontinental ballistic missile tests.

But in Dandong, where some 70 percent of trade between China and North Korea flows, solar panel merchants remain unfazed.

"It seems that overall, there are fewer North Korean traders coming over recently, but we're not affected by what's happening politically," said Shi Zhiyong, manager of the Huang Ming Solar Power shop.

"In 2009, I started seeing more North Korean traders coming to the store and their numbers have only gone up since," Shi told AFP.

Both Yuan and Shi said their best-selling items are rooftop units that provide hot water supply. These cost between 2,700 and 14,000 yuan ($400 and $2,060).

The purchases by households, offices and factories show that many urban residents have adequate disposable income, Johns Hopkins University researcher Curtis Melvin told AFP.

"Aside from a few high-profile cases, such as the increase in fuel prices in North Korea or temporary suspension of coal exports to China, we haven't seen much evidence that (previous) sanctions have had a tremendously negative effect on North Korea's economy," Melvin added.

- Dried ants -

Sino-US relations have soured as President Donald Trump has pressed Beijing to step up pressure on North Korea, complaining about their continuing trade.

In the first half, trade between China and North Korea increased 10.5 percent to $2.5 billion, compared to the same period last year.

The Chinese government has defended its trade with North Korea, noting that the UN sanctions do not apply to all commerce -- though AFP journalists recently visited Dandong shops that sold jewellery made with banned North Korean gold.

An array of goods flow both ways.

Shops along Dandong's waterfront offer North Korean ginseng, dried mushrooms and even dried ants, which are meant to be good for joint pain, according to traditional Chinese medicine.

Marc Lanteigne, senior lecturer at Massey University Center for Defence and Security Studies, said China has frequently "drawn connections between peace-building and combating poverty, and stressed that complete economic isolation of North Korea is both counter-productive and dangerous

source:AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

chinas solar panels shine spotlight on north korea trade chinas solar panels shine spotlight on north korea trade

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

chinas solar panels shine spotlight on north korea trade chinas solar panels shine spotlight on north korea trade

 



GMT 08:23 2017 Monday ,03 April

Tesla tops quarterly sales forecast

GMT 20:11 2017 Saturday ,25 March

Former head of Egypt’s syndicate submits appeal

GMT 05:28 2017 Sunday ,26 November

Gas exporters call for 'fair price'

GMT 10:51 2018 Tuesday ,11 December

Cloudy weather with rain showers forecast Tuesday

GMT 20:00 2017 Monday ,25 September

Tourism minister leaves for France to attend Top Resa

GMT 22:07 2017 Tuesday ,02 May

UAE soldier martyred in Yemen

GMT 00:25 2017 Sunday ,10 September

Philippines Sees the Bloodiest

GMT 20:21 2017 Wednesday ,08 November

Ambassador Aizaz Chaudhry met members of Congress in US

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 18:16 2017 Monday ,25 December

Sharjah Ruler issues Emiri Decree on SGMB functions

GMT 13:16 2017 Sunday ,15 October

Qatari sheikh says assets frozen over Gulf crisis

GMT 12:50 2017 Saturday ,11 November

ICC prosecutor calls for Afghanistan war crimes probe

GMT 13:28 2012 Friday ,17 February

NYT\'s Anthony Shadid dies in Syria

GMT 16:44 2017 Friday ,01 September

Al-Bashir to partake in OIC Summit in Kazakhstan
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday