China puts in place U.N. limits on petroleum exports to North Korea

China imposed Saturday limits on petroleum product exports to North Korea and banned imports of textiles from the country in line with the latest U.N. sanctions over its nuclear program.The Commerce Ministry said exports of refined petroleum products to North Korea will be limited to 500,000 barrels from Oct. 1 to Dec. 31 and to 2 million barrels per year starting Jan. 1.The ceilings are stipulated in a resolution approved by the U.N. Security Council this month in response to North Korea's sixth and most powerful nuclear test on Sept. 3.The U.N. resolution imposes additional sanctions on N…READ FULL ARTICLE