Prudent containment to rein in North Korea

Prudent containment to rein in North Korea

Prudent containment to rein in North Korea

Kim may also have believed that China, North Korea's neighbor and ally, does not want a weakened North Korea along its border.

But there are worries that North Korea would be quick off the mark, having already prepared itself for a world war and positioned its weapons accordingly.

While China has contended it is doing nothing wrong by continuing normal trade operations with the isolated regime, U.S.is reportedly preparing to go after Chinese banks accused of funneling cash to North Korea. The volume of economic ties today is limited, though some experts hope that trade with North Korea could grow if USA sanctions are lifted and Pyongyang decides to open its economy.

Trump angrily ended his tweet: "So much for China working with us - but we had to give it a try!"

China's Customs Administration announced Thursday that trade with the worldwide pariah North grew 10.5 percent to $2.5 billion between January and June, with exports soaring to 29.1 percent during that period.

Huang also said the exports were driven by textile products and other traditional goods not on the United Nations embargo list. The city, which has a metropolitan area of around 25 million, is within easy reach of North Korea's artillery guns.

Pyongyang has been a part of the Northeast Asia Cooperation Dialogue that Yun is attending, though the State Department spokeswoman Heather Nauert said she was told North Korea is not participating this year.

Aside from a USA attack, the most painful measure against North Korea could be a Chinese suspension or drastic scaling back of its oil shipments to the North.

Wanda deals in jeopardy as Beijing's scrutiny mounts
Banks have been told not to finance the deals or to allow Wanda to use its offshore assets as collateral for financing. China launched a clampdown on capital outflows and overseas direct investment past year .

President Trump has repeatedly criticized China over its trade with North Korea, calling on it to exert more pressure on Kim Jong-un's regime.

Beijing accounts for about 85% of Pyongyang's imports, according to United Nations data, providing a key lifeline for the North Korean economy.

US Treasury Secretary Steven Mnuchin said: "We will cut the money off to North Korea until they behave properly". The Security Council approved a resolution in November that exempted transactions in iron and iron ore intended "exclusively for livelihood purposes".

Needless to say, North Korea today poses a grave danger to western civilisation but focusing media attention on that threat will take the focus away from Muslim affairs and that would be a great setback for the vast anti-Muslim media empire. Both countries share borders with North Korea and have little desire for it to collapse.

In a separate development Monday, South Korean officials said an American who helped arrange for 30 female peace activists to cross the heavily armed border between North and South Korea in 2015 has been denied entry to South Korea. The United States must remain hopeful that through a mixture of pressure and dialogue, the North Korea problem can be solved with without violent escalation.

Autonomous restrictive measures amount to sanctions separate from those called for by the UN Security Council.

"We anticipate the North's side making a positive response" to the proposal, Suh said. That accounts for 80-90 percent of the North's domestic consumption, according to Cho Bong-hyun of Seoul's IBK Economic Research Institute. Since then, the country has fallen far behind industry leaders.

Last Tuesday, the USA military successfully intercepted a simulated intermediate-range ballistic missile using the Terminal High Altitude Area Defense (THAAD) system similar to one being deployed in South Korea.

Related news