US Senators push for sanctions against those doing business with North Korea

US Senators push for sanctions against those doing business with North Korea

US Senators push for sanctions against those doing business with North Korea

China has repeatedly said it is fully enforcing United Nations sanctions on nuclear-armed North Korea and there is nothing wrong with what it terms "normal" trade with Pyongyang, referring to areas not covered by sanctions.

As the United States has searched for ways to punish North Korea for its repeated defiance of worldwide bans on its nuclear weapons testing and ballistic missile launches, it has repeatedly turned to China.

US officials have also warned that China could face USA trade and economic pressure - something Trump has held in abeyance since taking office in January - unless it does more to restrain its neighbor.

It does not want a flood of millions of hungry refugees coming over its northeast border if the Pyongyang regime collapses, and it certainly does not want the 28,000 US troops now stationed in South Korea to be able to move all the way up the peninsula to the border with China.

"Something has to be done", this is the response of U.S. President Donald Trump as he met with Chinese President Xi Jinping days after the North Korean missile test took place.

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"The sanctions imposed by the [United Nations] are not a comprehensive embargo", he said.

North Korea's possession of an estimated 20 nuclear warheads and chemical and biological weapons makes it an urgent and imminent threat to the United States.

At the time, South Korea said it would no longer allow the funds paid at Kaesong to be used in the North's missile and nuclear programs.

During a U.N. Security Council meeting last week, Haley threatened secondary sanctions if the council could not agree on new sanctions - though she did not cite China by name.

Cui Tiankai, China's ambassador to Washington, said on Monday that secondary sanctions were "not acceptable".

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The threat of further secondary sanctions on Chinese companies could complicate next week's U.S.

"They'd have to show they're really serious", the second official said.

Officials say that for the time being the banks targeted are only going to be smaller ones, as well as some other private businesses the USA believes might be North Korean "shell companies". "We're not going to be paralyzed into inaction".

The calculations do not reflect revisions to earlier figures that may not have been announced. The surplus with the United States was China's largest since October 2015.

Trade between China and North Korea has declined in both 2015 and 2016, a senior government-backed academic said in a front-page comment in the overseas edition of the official People's Daily on Wednesday.

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