China fires warning shot at North Korea banks: report




 
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China fires warning shot at North Korea banks: report
 
March 19th, 2013  
News Manager
 

Topic: China fires warning shot at North Korea banks: report


China fires warning shot at North Korea banks: report
By Jack Kim and Ju-min Park SEOUL (Reuters) - Chinese regulators appear to have issued a warning shot to North Korean banks, telling them to stay within the remit of their permitted operations in China or risk penalties after a new round of U.N. sanctions sought to cut Pyongyang's funding. A report from South Korea's Yonhap news agency on Tuesday cited a Beijing-based source as saying the warning had been given to four North Korean financial institutions, some of whom have been named in United Nations and United States sanctions for aiding Pyongyang in its nuclear and missile programs. ...




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