Homepage / Asia / North Korea sanctions could trigger more missiles and test US-China ties
Как Стать Стримером Казино%3F Что для Этого Нужно%3 Best Game Software How to Design Engaging and Effective Educational Events Winline Делает Разницу! Букмекерская Контора Winline Онлайн Ставки На Спорт Making Corporate Travel Arrangements Business Virtual Data Room Stock Market Tips For Beginners What to Look for in a VDR Provider Why You Need a Secure Data Room Learning in the Digital Age How to Apply For Business Loans VDR and Document Management Performance Management and HR Outsourcing Modern Business Integration How to Choose the Right Board Portal Software for Your Company How to Choose a Data Storage Room Why Startups Use a Data Room for Investors The Best Web Tools for Designers Use Cases For Using VDR Documents Subsidy Programs and Financing Innovative Technologies for Audit What Is Real Estate Management? Investment and Funds Inspiring Teaching Books What Are the Benefits of a Virtual Data Room? Startups and Business Ideas How to Improve Virtual Board Communication The Lego Company History Investing in the Biotech Industry Financial Startup Basics Jogue Por Dinheiro Actual Em Cassino Onlin Virtual Communication Methods for Remote Leaders How to Choose the Best VDR Providers How Successful Online Businesses Succeed How Business Experts Fuel Innovation and Create Competitive Edge The IT World and Business Deal Making Software and How it Can Help Your Business Virtual Data Room Software Types of Steel Materials and Their Uses Board of Directors Software Bonver Casino Cz Hrací Automaty S Bonusem Zdarm Magazyn Żużel Speedway W Polsce I Na Świeci What Is Logistics School? What Is the VDR for Acquisition? The Best Data Room Apps For Startups Best Practices for Creating an Effective Board Meeting Agenda How to Choose the Best Shareholders Online Platforms Ostdeutsche Biersorten Getting a Construction Management Degree How to Select an Online Data Room Provider Start Your Blog Without Investment What to Look for in a Board Room Provider Data Room Comparison – Which Data Room Is Right For Your Business? Zakłady Sportowe Online Autógrafo Bukmacherska 1xbe “Pin-up O Melhor Cassino Do Brasil Web Site Oficial ᐈ Jogar Caça-níquei Rotating Events in Our Time How to Choose the Best Business Software Choosing an Online Payment Processor Due Diligence Software Virtual Data Room Providers for M&A Due Diligence The Best Online Data Room Benefits of a Due Diligence Data Room Best Practices for Data Rooms Types of Corporate Governance What Is Virtual Data Storage? Benefits of Document Distribution Software The Benefits of a Data Room for Startups Effective Project Management Requires a Mix of Technical and People Skills Top 5 Free File Sharing Services Zakłady Sportowe Online Obstawiaj U Bukmachera Gg Be Speed Up Your Business Valuation With a Data Room How to Choose the Best Board Management Software for Business How to Write Effective Board Decision Papers Choosing Board Meeting Software The Benefits of Document Distribution Software Why Startups Need a VDR for Start-Up Virtual Data Room for Ipos and the IPO Process What is a Board Portal? What Industries Use Virtual Data Room? Advantages of a Data Room What Does a Board Room Provider Do? Data Room Analysis for Venture Capital Funding The Importance of Board Reporting Software Safe Uploading and Downloading Business Files How to Select the Best Board Management Software How to Organize the Work of a Company “gerçek Parayla En Iyi Slot Makineleri Ve Spor Bahisler Which is the Best Podcast For Stock Market Beginners? Virtual Data Room Facts How to Protect Confidential Documents for Boards Advantages of Online Meetings Business Issues to Consider When Choosing a Data Room Provider What Is a Data Room? Virtual Board Room Software Due Diligence Risk Factors How to Choose a Reliable Tool for Data Exchange test Users535352253 Board Software and VDR Programs Business Operations Management Software


North Korea sanctions could trigger more missiles and test US-China ties

Further nuclear aggression from Pyongyang and heightened tensions between Beijing and Washington are widely expected following fresh economic sanctions on the rogue state.

In the aftermath of July’s two intercontinental ballistic missile tests, the United Nations on Saturday hit North Korea with “the most stringent set of sanctions placed on any country in a generation,” according to U.S. Ambassador to the U.N. Nikki Haley.

Previous U.N. penalties have resulted in Pyongyang expressing its displeasure and demonstration of its iron-clad nuclear ambition through more missile tests, and analysts said there may be a repeat performance.

Beijing’s participation in the latest punishment is significant given President Donald Trump’s repeated criticism of Chinese President Xi Jinping for failing to contain North Korean belligerence. But it remains to be seen if the world’s second-largest economy will properly enforce Saturday’s measures — a potential catalyst for deteriorating U.S.-China relations.

An unpredictable White House and the installation of advanced missile defense technology on South Korean shores have raised the stakes in the current North Korean crisis. Still, Kim isn’t seen backing down.

“Given increased missile activity this year and past responses to U.N. sanctions, it seems very likely that North Korea will launch a sequence of short-range missiles in the coming days or weeks,” Kyle Ferrier, director of academic affairs and research at the Washington-based Korea Economic Institute, told CNBC on Monday.

The pariah state has been under U.N. sanctions since 2006.

“There are concerns that North Korea could respond with more defiance: further tests of missile technology that would get the regime close to its goal of mounting a nuclear warhead on an intercontinental ballistic missile (ICBM) — or another nuclear test,” echoed Jean H. Lee, global fellow at the Woodrow Wilson International Center for Scholars and former Pyongyang bureau chief at the Associated Press.

It’s very unlikely that Kim will let Saturday’s news go unanswered, added Scott Seaman, senior Asia analyst at consultancy Eurasia Group. “This regime has shown no desire to bend to the will of the international community — everything that’s thrown its way is something Kim feels the need to respond to.”

However, now that Kim has accomplished one of his goals — an ICBM capable of striking the U.S. — there could be a window of opportunity for negotiations, continued Lee, who said she’ll be watching for statements from Kim’s administration that could signal restraint.

“We can reasonably expect a military response from North Korea, such as another missile test, but whether or not it exceeds the level of seriousness compared with previous tests remains to be seen,” said Anthony Rinna, analyst at research group SinoNK. North Korea, he added, “still has to be careful not to provoke the U.S. or its allies’ further. “

Saturday’s developments, anticipated to slash a third of North Korea’s $3 billion export revenue, could “severely hit” foreign exchange inflows into the country, which would widen the trade deficit and erode limited foreign exchange reserves, Rajiv Biswas, Asia Pacific chief economist at IHS Markit, said in a note.

Following a surprising 3.9 percent rise in North Korea’s 2016 economic growth, negative numbers are now expected this year, according to Biswas. “Around 34 percent of the total economy will be experiencing output declines, while the remaining manufacturing, services and construction sectors will also be weak,” he added.

Depriving North Korea of its trade partners, which include various African and Southeast Asian economies, will amount to a revenue loss of “a low hundred million dollars,” which will hurt the Kim regime, said Liang Tuang Nah, a research fellow at Singapore’s Nanyang Technological University.

Saturday’s new punishments focused on two non-military financial pipelines crucial to Pyongyang’s coffers: exports and income from overseas laborers. Sales of coal, minerals and seafood in addition to remittances not only prop up the fledgling economy, they are also suspected of supporting the nuclear program.

If enforced properly, the sanctions could bring severe economic pain to the isolated nation. But that depends on Asia’s largest economy.

Considering how heavily Trump has been leaning on China as the key to solving the North Korea problem, Beijing will have to prove its commitment to those measures in order to maintain good relations with Trump, said Ferrier.

The mainland accounts for 90 percent of North Korea’s official trade and although it endorsed earlier U.N. sanctions, Chinese imports from Pyongyang rose an annual 18.4 percent in yuan terms during the first three months of the year.

“U.S. officials are no doubt pleased that China backed the sanctions, but it’s whether Beijing puts pressure on all entities to enforce them that matters,” said Lee.

The latest developments also strain Beijing-Pyongyang relations, Lee continued: “Whether Pyongyang responds with restraint or pushes back against Beijing with more military provocations is what we’ll be watching.”

Source: cnbc china
North Korea sanctions could trigger more missiles and test US-China ties

Comments are closed.