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Gordon Chang: We Might Need to ‘Nuke’ China’s Banks

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Sept 4, 2017

Sunday’s North Korean nuclear test makes it all too clear that U.S. sanctions on North Korea and pleas with China for assistance have failed to rein in the rogue regime.

The Trump administration admitted as much on Sunday morning, when President Trump and Treasury Secretary Steve Mnuchin announced the administration was considering cutting off all trade with any country that does business with North Korea. That means, first and foremost, China.

China is North Korea’s largest trading partner and widely perceived as the country’s protector and benefactor. Early on in the Trump administration, China’s leaders pledged assistance in ending North Korea’s nuclear ambitions. But that assistance either has not been forthcoming or, as Donald Trump proposed in a tweet on Sunday, has failed.

How can the administration get China to take seriously its responsibilities with respect to North Korea? Columnist Gordon Chang says that the U.S. needs to propose sanctions that would threaten China’s already shaky banks.

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This article was posted: Monday, September 4, 2017 at 5:55 am

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