China Getting Serious With NK....
Trump floated the idea of ending ALL trade with any country doing business with North Korea.
90% of all Trade with North Korea comes from China.
China finally realized America now has a leader that is serious about this issue.
Cutting off all banking with North Korea should have been done 25 years ago.
But China had no reason to do that because US leaders were a complete joke. No reason to take any of them seriously.
Now China is getting worried.
Best case is the US cuts off all trade with China sending the Chinese economy into total collapse.
Worst case there is Nuclear conflict on the Korean Peninsula right on Chinas doorstep.
In either case china loses. They now have skin in the game. It is time for China to get serious (which they seem to now be). This is brand new territory.
http://www.reuters.com/article/us-northkorea-missiles-banks-china/chinas-central-bank-tells-banks-to-stop-doing-business-with-north-korea-sources-idUSKCN1BW1DL?il=0
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