WEB DESK
China has reacted angrily to a US decision to impose sanctions on a Chinese bank accused of laundering North Korean money. A foreign ministry spokesman urged the US to stop wrongful actions to avoid harming co-operation.
The US announced the move, as well as sanctions on a Chinese shipping company and two Chinese nationals yesterday. It said the blacklisting was aimed at cutting funds to North Korea’s weapons programmes. The sanctions mean that the Bank of Dandong will be barred from doing business in the US.
The UN has already imposed several rounds of sanctions on Pyongyang, but China is widely seen as the nation most able to impose economic pain on North Korea. Washington has been pushing Beijing for tougher measures amid a series of missile tests by Pyongyang. But in a tweet earlier this month, President Donald Trump said China’s actions had not worked out.