A step forward as China 'special envoy' to travel to North Korea

Following Donald Trump-Xi Jinping meeting, China to send special envoy to North Korea

Song would be the first ministerial-level Chinese official to visit North Korea since October 2015 when Politburo Standing Committee member Liu Yunshan visited Pyongyang and met with Kim. Earlier this year, China's then nuclear envoy Wu Dawei was snubbed by Pyongyang which refused to accept a meeting on the Korean Peninsula crisis.

The last time China's special envoy for North Korea visited the country was in February previous year.

On Donald Trump's recent trip to South Korea, the U.S. president toned down his rhetoric and urged North Korea to come to the table and "make a deal". Trump has previously criticized China, saying its leaders were not using their influence in Pyongyang to help the USA convince North Korea to tone down its rhetoric and end its pursuit of nuclear weapons.

Experts see the Chinese envoy's planned visit to the North as an attempt by Beijing to share the outcome of not just its recent party congress but also that of the summit held between Xi and Trump.

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Medtronic plc ( MDT ) is expected to post revenue of $7.86 Billion in the current quarter, according to consensus of 20 analysts. SunTrust initiated American Tower Corp (NYSE:AMT) on Tuesday, September 13 with "Buy" rating. 467,579 are held by Hexavest.

North Korea's ties with China, its main ally and economic benefactor, have been frayed over Pyongyang's persistent advancement of its nuclear and missile programs.

China remains the sole protector of the North Korean regime, a relationship that has been a source of friction between officials in Washington and Beijing.

Chinese banks have stopped dealing with North Korea after the USA unilaterally sanctioned the Bank of Dandong.

The announcement came a day after the end of Trump's five-nation tour of Asia, during which the United States leader held meetings with Xi and urged him to act fast to rein in North Korea, warning that "time is quickly running out".

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