Detonation Sept: Chinese Entities and Hydrogen Bomb

detonation sept: House Foreign Affairs Committee Chairman Ed Royce urged Secretary of State Rex Tillerson and Defense Secretary James Mattis last week to step up the imposition of U.S. sanctions on Chinese entities that help enable North Korea's illicit activities, according to a column carried in the Monday edition of The Washington Post, according to The Japan Times. In the wake of what Pyongyang claimed was the detonation Sept. 3 of a hydrogen bomb that could be delivered on a missile capable of reaching the United States, Royce told columnist Josh Rogin, I believe we have to come in full throttle with cutting off institutions, primarily financial institutions domiciled in China. While President Donald Trump's administration does not rule out military options in dealing with the threat posed by North Korea, a U.S. pre-emptive strike is an unlikely scenario in addressing the nuclear standoff, according to security experts. ; Given the faster-than-expected progress in North Korea's development of nuclear weapons and ballistic missiles, members of Congress and experts on North Korea have called for applying maximum pressure on Pyongyang without waiting for approval or cooperation from China and Russia two countries that blocked the U.S. bid to include an oil embargo on Pyongyang in the latest U.N. sanctions. Serving as the main economic lifeline for North Korea, China accounts for about 90 percent of Pyongyang's trade and is a major supplier of oil to the country. We have not had the resolve to put these sanctions on those major institutions, Royce was quoted as saying. Royce's committee has written a letter to the Trump administration listing large Chinese entities ripe for sanctions, including the Chinese Agricultural Bank and the China Merchant Bank, Rogin wrote. (news.financializer.com). As reported in the news.