China has decided to invest 600 million yuan ($88 million) in North Korean infrastructure such as roads around a border bridge, sources in both countries h
BEIJING – China has decided to invest 600 million yuan ($88 million) in North Korean infrastructure such as roads around a border bridge, sources in both countries have said, raising concerns that Beijing may violate U. N. resolutions.
Chinese President Xi Jinping’s leadership is scheduled to start the infrastructure investment by the end of this year, the sources said Friday. Beijing and Pyongyang have been strengthening their economic cooperation recently.
The effective economic aid would be regarded as a violation of U. N. resolutions aimed at preventing North Korea from producing nuclear weapons and ballistic missiles, U. N. diplomats said.
While preparing to dispense the aid, China is expected to begin negotiations with U. N. Security Council member states with an eye on easing economic sanctions against North Korea now that Pyongyang has pledged to work toward denuclearization, the sources added.
The new bridge over the Yalu River from the Chinese city of Dandong, in Liaoning Province, to the North Korean county of Ryongchon was completed in 2014 after four years of construction.
