China’s Central Bank Tells Banks to Stop Doing Business with North Korea: Sources

China’s Central Bank Tells Banks to Stop Doing Business with North Korea: Sources
North Korean soldiers patrol next to the border fence near the town of Sinuiju across from the Chinese border town of Dandong on Feb. 10, 2016. JOHANNES EISELE/AFP/Getty Images
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BEIJING/HONG KONG — China’s central bank has told banks to strictly implement United Nations sanctions against North Korea, four sources told Reuters, amid U.S. concerns that Beijing has not been tough enough over Pyongyang’s repeated nuclear tests.

Tensions between the United States and North Korea have ratcheted up after the sixth and most powerful nuclear test conducted by Pyongyang on Sept. 3 prompted the United Nations Security Council to impose further sanctions last week.