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North Korea Caves; Puts Missiles in Storage

Beyond Category Wrote: May 11, 2013 8:20 AM
When the USA listed North Korean Foreign Trade Bank as the node by which the DPRK finances its nuclear and missile programs and imposed sanctions against it, it gave the PRC a choice: Do business with the USA or do business with the DPRK. The PRC would rather do business with the USA. The DPRK has set about to repair its relations with the PRC--by securings its boarder to prevent refugees from streaming over the boarder into the PRC. The PRC doesn't want refugees, and the DPRK has taken steps to prevent refugees.

North Korea: Missile update. The latest story leaked to Inside The Ring is that the two Musudan intermediate range ballistic missiles have returned to storage after all. Some analysts attribute this action to Chinese pressure on North Korea.

Comment: North Korean apparently stood down the missiles and returned them to storage when it stood down the entire armed forces from high combat readiness on 30 April.

China-North Korea: Update. China's Foreign Ministry declined Wednesday, 8 May, to confirm the Bank of China's closure of the account of the North Korean Foreign Trade Bank. In response to a question...