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Coronavirus appears to be hurting North Korea harder than trade sanctions: report

The closure of borders to safeguard North Korea from the coronavirus pandemic is dealing a bigger blow to trade with the isolated economy than international sanctions, according to a report by a trade association in Seoul.North Korea’s trade with China, by far its largest economic partner, shrank 73 per cent through September and is on course to plunge 80 per cent for the whole year, the Korea International Trade Association said on Friday.That would exceed the 57 per cent drop seen during the…

Read the original article at South China Morning Post

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