China softens food export ban on DPRK

Good Friends reports (via Yonhap) that China recently increased its yearly grain export quota to North Korea from 50,000 to 150,000 tons to help ease the DPRK’s food shortage.  China initially restricted food exports because of its rising domestic food prices.

North Korea’s corn imports from China rose 1,523 percent to 27,600 tons in February this year alone from the same period last year, according to statistics released recently by the Chinese authorities.

Read the full story here:
China softens food export ban to help alleviate N.K. food shortage: aid group
Yonhap
6/9/2008

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4 Responses to “China softens food export ban on DPRK”

  1. […] UPDATE: On June 9, a Good Freinds report was published in Yonhap which indicated China increased its quota o… […]

  2. […] UPDATE 6/9/2008: China increases grain export quota to North Korea to 150,000 tons […]

  3. […] the supply side, anticipation of this aid, plus Russian aid, and increased Chinese grain exports could be behind recent reports that grain prices are falling in North Korea’s […]