Chinese banks reportedly freeze North Korean accounts

Feb 22, 2016

Chinese banks reportedly freeze North Korean accounts

Chinese banks including a branch of China’s biggest bank Industrial and Commercial Bank of China (ICBC) have frozen accounts belonging to North Koreans, a South Korean newspaper reported Monday. Citing phone conversations with an unnamed employee of ICBC’s office in the northeastern Chinese border ...

Feb 17, 2016

Why cracking down on Pyongyang is difficult

Repeatedly over the past six weeks, since the morning North Korea surprised the world with its fourth nuclear test, the United States, South Korea, Japan and their allies have vowed to get tough on Pyongyang. “Reckless and dangerous,” U.S. Secretary of State John Kerry ...