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US House committee targets major Chinese banks’ lifeline to North Korea

  • Wed, 13 Sep 2017 07:10
A foreign affairs committee in the US Congress’ lower chamber is pushing to impose unilateral sanctions against major Chinese banks with a large US presence to force them to cut off alleged financial support for North Korea’s nuclear and missile programme. Ed Royce, chairman of the US House Foreign Affairs Committee, said on Tuesday at a hearing in Washington that the US government can “unilaterally” designate more Chinese banks and companies for a choice between doing... South China Morning Post - Asia feed

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