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WILBUR ROSS: China ‘sent a very powerful message to North Korea’





FILE PHOTO: U.S. Commerce Secretary Wilbur Ross holds a news conference at the Department of Commerce in Washington, D.C., U.S. March 10, 2017. REUTERS/Eric Thayer

Wilbur Ross thinks that the People’s Bank of China telling Chinese banks to stop doing business with North Korea was a “very powerful message.”

“I think that move by the Chinese central bank was important,” the commerce secretary told CNBC’s “Squawk Box” on Friday. “A, from a physical point of view, limiting the trade. Because Chinese is the main trading partner with North Korea anyway.

“But even more importantly, it sent a very powerful message to North Korea that China is not being as supportive of them as it had been.”

The People’s Bank of China, the country’s central bank, told read more >>>

Source:: BusinessInsider.Com

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