Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Chinese President Xi to visit North Korea next month - Straits Times

Published 18/08/2018, 07:17
Updated 18/08/2018, 07:20
© Reuters. North Korean leader Kim Jong Un instructs the local government to prepare for the construction of the Ono Greenhouse in Kyongsong County, North Hamgyong Province

SHANGHAI (Reuters) - Chinese President Xi Jinping is set to visit Pyongyang next month at the invitation of North Korea leader Kim Jong Un to attend the celebrations of the 70th anniversary of North Korea's founding, Singapore's Straits Times newspaper reported.

It will be the Chinese leader's first visit to the North Korean capital since he took power in 2012, and 13 years after the last visit by a Chinese President, when Xi's predecessor Hu Jintao visited in 2005, the newspaper said on Saturday.

The Straits Times did not say where it obtained the information and the Chinese foreign ministry did not immediately respond to a request for comment.

North Korea's celebrations are set to take place on Sept. 9 and the Straits Times said that Xi's visit could still be subject to last-minute changes.

China is the reclusive country's most important trading partner and Kim has visited China three times so far this year during which he has held talks with Xi on improving cooperation between the two countries and economic reforms.

The United States has stepped up sanctions on North Korea to pressure Pyongyang to give up its nuclear program. This week, the United States imposed sanctions on Chinese firms for exporting alcohol and cigarette products to North Korea in breach of those sanctions.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.