China not happy with latest US sanctions for North Korea

      Published on Sunday, 25 February , 2018      141 Views     

  • China Business

Trump-administration sanctions against Chinese shipping and energy firms doing business with North Korea are a step too far, China’s Foreign Ministry griped Saturday.

“China resolutely opposes the US side enacting unilateral sanctions and long-armed jurisdiction in accordance with its domestic law against Chinese entities or individuals,” the ministry said.

China, North Korea’s largest trading partner, has long-opposed any sanctions that do not come from the United Nations.

The United States on Friday announced penalties against one person, 28 ships and 27 companies — including some in Taiwan and Singapore. American citizens are barred from doing business with the sanctioned companies and individuals.

The penalties are the Trump administration’s strictest yet against North Korean nuclear programs.

“We have already lodged stern representations with the US side about this issue, and demand the US side immediately stops such relevant mistaken actions to avoid harming bilateral cooperation in the relevant area,” the ministry said.

Bulgarian Business Club London

Category China Business | 2018/02/25 latest update at 3:30 PM
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