US increases pressure: Washington on Tuesday imposed new North Korea-related sanctions, targeting Chinese and Russian firms and individuals for supporting Pyongyang’s weapons programs, but stopped short of an anticipated focus on Chinese banks, David Brunnstrom and Doina Chiacu write. The US Treasury designated six Chinese-owned entities, one Russian, one North Korean and two based in Singapore. The sanctions also targeted six individuals — four Russians, one Chinese and one North Korean. China reacted with irritation, saying Washington should “immediately correct its mistake” of imposing unilateral sanctions on Chinese companies and individuals to avoid damaging bilateral cooperation. READ THE STORY HERE
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