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INTERNATIONAL > East Asia & Pacific

U.S. determined to increase pressure on DPRK

  • November 23, 2017
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All Thursday papers highlighted the Treasury Department’s announcement on its latest economic sanctions on North Korea, including a freeze on financial assets owned by additional several Chinese companies, noting that Washington appears to be willing to press Beijing even harder to tighten the noose around its defiant neighbor. In a bid to obtain more cooperation from China, the Trump administration is also hinting at penalizing China’s state-owned banks.  

 

Asahi said doubts have emerged about the effectiveness of the latest punitive measures adopted by the Trump administration given that most Chinese companies involved in trade with the DPRK are small ones and North Korea can find replacements easily.    

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