China has ordered all North Korean-owned businesses in the country to close by early January. The decision supports sanctions placed by the United Nations on North Korea for its continued development of nuclear weapons and missiles. The move was announced in late September. It is expected to sharply limit the flow of money to North Korea. China¡¯s commerce ministry said that North Korean companies -- including joint operations with Chinese companies --must close within 120 days of September 11. That is the date the U.N. resolution was approved. The decision is expected to affect about 100 restaurants operated by North Koreans. About one fourth of them are in Beijing.
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U.S. President Donald Trump will travel to Japan, South Korea, China, Vietnam, and the Philippines from November 3 to November 14. Last week, the Trump administration released a statement on the trip. It said, ¡°The president¡¯s engagements will strengthen the international resolve to confront the North Korean threat and ensure the complete, verifiable, and irreversible denuclearization of the Korean Peninsula.¡± Trump will take part in meetings with leaders in the area. He is expected to talk about trade and the North Korean nuclear threat.
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