GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
No Result
View All Result
Home Headlines

US Move On North Korea Tests Risks China Clash

March 9, 2017
in Headlines
Share on FacebookShare on Twitter

Washington is scrambling to develop a new strategy to counter North Korea’s aggressive nuclear weapon and missile programs, but tougher sanctions could provoke a diplomatic clash with China.

You Might Also Like

Ghanaian Can Travel to South Africa Visa-Free

2019 – the Biggest Year yet for Ghanaian Tourism

Three Britons On Trial In Singapore Accused of Gang-Raping Drunk Woman

Secretary of State Rex Tillerson will visit the United States’ frontline allies South Korea and Japan next week before heading on to great power rival China to discuss the mounting crisis.

Kim Jong-Un’s regime is testing a new ballistic missile that could threaten US bases and cities in the Pacific rim, and rocket salvo tactics that could overwhelm missile defense systems.

Most observers see China as the only power with the leverage to get its isolated neighbor to stand down, and existing United Nations-backed sanctions have had little effect so far.

The crisis is the first major security challenge of Donald Trump’s presidency, and the Pentagon has already provoked China’s ire by deploying an advanced anti-missile system to South Korea.

Now, other options are being considered, and the hawkish wing of the Washington foreign policy community is pushing for measures that would hurt Chinese banks that work with Pyongyang.

State Department spokesman Mark Toner would not be drawn on the details of any plan Tillerson might take to Asia, but officials confirmed that an urgent policy review is underway.

Toner said the North Korean threat would be “front and center” in the planned talks next week between Tillerson and his Chinese, South Korean and Japanese counterparts.

The senior diplomats would, he said, “talk through what our options are and new ways to look at resolving the situation.”

But the signals coming out of China are not encouraging for those in Washington who cling to the hope that Beijing may be ready to rein in its small but belligerent neighbor.

On Wednesday, Foreign Minister Wang Yi implied that the United States and North Korea were equally at fault for provoking the latest crisis and headed towards a “head-on collision.”

Wang urged the US military to halt planned exercises with South Korea, in exchange for Pyongyang halting its nuclear and missile programs — an idea Washington promptly dismissed.

“The onus is on North Korea to take meaningful actions toward denuclearization and refrain from provocations,” Toner said.

China has in the past supported measures against North Korea’s nuclear program, but six sets of UN sanctions since Pyongyang’s first test in 2006 have failed to slow it.

North Korea is now building and testing an intercontinental ballistic missile (ICBM) with a solid fuel motor that could be carried by a small, easily-hidden road convoy.

This would be harder for existing US and South Korean forces to detect and counter, and could put American mainland cities as well as US bases in Japan in range of a nuclear strike.

But, North Korea watchers in Washington argue, this is not such a worry to China, which opposed the North Korean nuclear program itself but does not see the new missile as such an issue.

“The Chinese are not serious about this threat,” said former US official Anthony Ruggiero, a veteran of the State Department and US Treasury’s sanctions and counter-proliferation teams.

For Ruggiero, a fellow of the hawkish Foundation for Defense of Democracies, the key to getting China to take notice is to fine the banks that give North Korea access to international finance.

According to a recent report by a panel of UN experts, Pyongyang has become increasingly sophisticated at dodging sanctions via a web of front companies with accounts in Chinese banks.

These banks have US offices and do business with US banks, allowing North Korean-controlled firms in secretive jurisdictions such as Hong Kong or the British Virgin Islands to move funds.

“They’re doing business in Chinese currency, in euros and US dollars,” he said.

North Korea’s money is hard to track but, Ruggiero argues, the Chinese banks could be targeted by US prosecutors and fined, just as were European banks under the former Iran sanctions regime.

“You go after one Chinese bank and that will trickle down. The Chinese government may not be ready to help us, but the Chinese banks might unilaterally,” he told reporters.

He cited the example of ZTE, a Chinese telecom giant that on Tuesday agreed to pay a $1.2 billion fine to settle a US charge that it traded illegally with Iran and North Korea.

Tillerson, he said, should go to Beijing next week and say: “Did you see the ZTE fine? That’s coming for your banks.”

This would be an aggressive move and other experts recommend proceeding cautiously for fear that China will become even more stubborn, but America and its allies do need new options.

Join GhanaStar.com to receive daily email alerts of breaking news in Ghana. GhanaStar.com is your source for all Ghana News. Get the latest Ghana news, breaking news, sports, politics, entertainment and more about Ghana, Africa and beyond.

Tags: americaAnthony RuggieroAsiabankBeijingBritish Virgin IslandschinaChinese GovernmentCommunications & Networking - NECDepartment of StateDonald TrumpfinanceForeign MinisterForeign relations of North KoreaForms of governmentFoundation for Defense of DemocraciesgovernmentiranJapanKim Jong-unMark TonerMember states of the United NationsMilitary of North Koreamissile defense systemsNorth KoreaNorth Korea and weapons of mass destructionNorth KoreaUnited States relationsNuclear program of North KoreaPacific RimPentagonpoliticsPyongyangRepublicsRex TillersonSecretary of StateSouth Koreaspokesmantelecom giantUnited NationsUnited StatesUS militaryUS TreasuryWang YiwashingtonZTE

Related News

Ghanaian Can Travel to South Africa Visa-Free

by
July 10, 2019
0

Citizens of Ghana no longer need a visa to travel to South Africa. This is because the South African Government...

2019 – the Biggest Year yet for Ghanaian Tourism

by
January 24, 2019
0

2018 was a good year for tourism in Ghana with more than GH₵5.8 billion spent in the country's travel and...

Three Britons On Trial In Singapore Accused of Gang-Raping Drunk Woman

by
August 1, 2017
0

Three British men have gone on trial in Singapore today accused of gang-raping a 23-year-old woman while visiting the city-state...

Pakistani Taliban Launches Women’s Magazine

by
August 1, 2017
0

The Pakistani Taliban on Tuesday released the first edition of a magazine for women, apparently aiming to convince its target...

Next Post

France's Jarre To Play Israel In Aid of Dead Sea

Agyenim Boateng Adjei Appointed New Procurement Authority CEO

Categories

  • Africa & World
  • African Music Lyrics Directory
  • Business
  • Business Directory
  • celebrities
  • Computing
  • Diaspora
  • Entertainment
  • Events
  • Feature
  • Featured
  • Ghana Elections 2016
  • Headlines
  • Health
  • International
  • Internet
  • Jobs
  • lifestyle
  • Music
  • News
  • Offbeat
  • Opinion
  • Politics
  • Profiles
  • Religion
  • Security
  • Seth Terkper
  • Smart Home
  • Social Networks
  • Sports
  • Technology
  • Top Stories
  • World News

Tags

accra addo africa Association football Banks - NEC business Business_Finance chairman Donald Trump economy education Entertainment_Culture environment Geography of Africa ghana Ghanaian people government Government of Ghana Human Interest John Dramani Mahama john mahama Law_Crime mahama minister MPs elected in the Ghanaian parliamentary election Nana Addo Nana Addo Dankwa Nana Akufo-Addo National Democratic Congress National Democratic Congress (NDC) New Patriotic Party New Patriotic Party (NPP) nigeria politics Politics of Ghana president Social Issues Social Media Social Media & Networking sports United Kingdom United Nations United States Vice President War_Conflict

Recent Posts

  • Government of Ghana Unveils Official Portraits of President John Dramani Mahama and Vice President Prof. Naana Jane Opoku-Agyemang
  • Who Is the Woman (Sheena Gakpe) in Sarkodie’s Latest Hit “No Sir” and Why Everyone Is Talking about It
List of Ghana Holidays for 2020
Ghana Geocoding
Ghana Cedis Exchange API
Ghana Maps Service
Toyota Cars Auto Auction History
  • African Music Lyrics Directory
  • Business Directory
  • Diaspora
  • Top Stories

All rights reserved © 2021 GhanaStar.com

No Result
View All Result
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music

All rights reserved © 2021 GhanaStar.com