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US IMPOSES SANCTIONS ON CHINA

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Thread replies: 14
Thread images: 4

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>After allegedly pressuring the Chinese government to act first and adopt sanctions against nearly 10 local entities who the US claims provided North Korea with materials used in its nuclear program, the US has decided to act. In an unprecedented step, the Treasury Department slapped financial sanctions on two Chinese nationals and a Chinese shipping company over their ties to North Korea stemming from its nuclear program, according to Reuters.
>The Trump administration also proposed sanctions against a Chinese bank of helping North Korea launder money and cut the institution off from the US financial system, in a major step that at least on the surface, is aimed at convincing China to put more pressure on Pyongyang to abandon its missile and nuclear programs, according to the Financial Times.
>The moves come one week after top US and Chinese officials met for strategic talks in Washington in which the US side tried to persuade China to take more action on North Korea. Steven Mnuchin, Treasury secretary, said the US was “sending an emphatic message across the globe that we will not hesitate to take action against persons, companies, and financial institutions who enable this [North Korean] regime”.

http://www.zerohedge.com/news/2017-06-29/us-sanctions-chinese-entities-over-ties-north-korean-nuclear-program

>shills and /sg/ thought Trump was a pussy
>everyone thought he wouldn't go balls deep into China
Chinese and Nork war brides soon
>>
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>>131806946
Tillerson also placed china on a human trafficking watchlist, which means less aid money
>>
nice clickbait headline OP you faggot
it's sanctioning a Chinese company that also deals with NK, not China itself you cunt
>>
>>131806946
>Zerohedge.
>Reuters.
I want to believe anon. I really do. However these sources you have provided simply don't suffice.
>>
>>131808747
The Treasury Department has labeled the China-based Bank of Dandong “a foreign bank of primary money laundering concern,” and accused it of “serv[ing] as a gateway for North Korea to access the US and international financial systems despite US and UN sanctions.” Basically, the US believes that North Korea is able to make investments and purchases by funneling its currency through this bank. This action freezes the entire bank out of the US financial system.
The US has sanctioned Dalian Global Unity Shipping Co. for its alleged involvement in the smuggling of luxury goods into North Korea in defiance of a United Nations–mandated luxury goods ban. The sanctions freeze any US assets it has and ban Americans and American companies from doing business with it.
The Treasury Department has designated two individuals, Sun Wei and Li Hong Ri, for establishing and running front companies for North Korean banks. The sanctions freeze any US assets they have and ban Americans and American companies from doing business with them.
>>
I got a stratfor notification about this too.

I think this is a bad move pushing China like this. Trump tearing up the TPP ensured that we as the USA will not be able to prevent China from becoming a super power. We should help them on their quest and create a mutually beneficial relationship.
>>
>>131806946
US is dying empire. We Chinese too srong for weak paper tiger. We make billions all over world. US make debt and soon go broke.
Bye bye USA. China kick your ass and you go in toilet like nation of shit you are.
lololololololololololololololololololol
>>
>>131810095
Chinese people laugh and spit on yankee face.
Now we give friend North Korea nuke to destroy USA. bye bye USA!
>>
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>>131810095
>He's still falling for the China Rising meme

>Ah Shiggy-diggi-doo
>>
>>131810858
You weak American be destroyed by people army of china. Now we fight and USA go in toilet.
>>
>>131808688
Yes
>Most notably, the Treasury Department's Financial Crimes Enforcement Network (FinCEN) issued a proposal to bar U.S. institutions from transacting with the Chinese-run Bank of Dandong, which it accuses of carrying out money laundering for the North Korean government. This would require a two-month comment period before going into effect.
>Dalian Global Unity Shipping Company and two Chinese nationals
>>
>>131810858
China is rising and continues to. Can you provide information to show otherwise?
>>
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America people fat. Cannot fight mighty chinese warrior.
>>
Kek real Chinese posters would have a flag
Thread posts: 14
Thread images: 4


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