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China urges US to withdraw sanctions against its companies over N. Korea

Beijing has urged the US to drop the new batch of sanctions against Chinese companies and individuals, saying that the restrictions do not contribute to defusing the Korean standoff.

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Foreign Ministry headquarters in Beijing

Beijing has urged the US to drop the new batch of sanctions against Chinese companies and individuals, saying that the restrictions do not contribute to defusing the Korean standoff.

The sanctions were imposed by the US Treasury on Tuesday. They affect 16 mainly Chinese and Russian individuals and companies over alleged “support of the North Korean regime” and assisting Pyongyang in its nuclear and ballistic missile programs in violation of UN Security Council resolutions.

“China opposes the imposition of unilateral sanctions outside the framework of the UN Security Council, especially the ‘long-arm jurisdiction’ imposed on Chinese entities or individuals by other countries in accordance with their domestic laws. Our position is clear and consistent,” Chinese Foreign Ministry spokeswoman Hua Chunying told reporters at a regular press briefing.

Beijing has always conducted a “comprehensive and earnest implementation” of the UNSC resolutions, the spokeswoman stated, adding that China would punish anyone caught violating the sanctions under Chinese law.

The unilateral US actions contribute neither to solving problems on the Korean Peninsula, nor to Sino-US trust, the spokeswoman said, adding that Beijing has urged Washington to drop the sanctions.

One of the Chinese companies hit by the new US sanctions, Dandong Rich Earth Trading Co., has firmly rejected the allegations of violating the UNSC resolutions. The US Treasury accused the company of purchasing vanadium ore from North Korea.

“We did not import vanadium ore from North Korea. We imported products based on vanadium and refined from coal impurities. This product was not under sanctions. That’s why we’ve been able to register respective import with the Chinese customs services,” Li Xiaoguang, a manager at the company, told RIA Novosti, dismissing the accusations that the company’s business helped Pyongyang’s nuclear and missile programs.

He said the company “would have never been able to import sanctioned materials from North Korea, since they would not have passed through the Chinese customs,” the company representative added.

Earlier, reacting to the same round of sanctions targeting a Russian company and four individuals, Russian Deputy Foreign Minister Sergey Ryabkov expressed disappointment and warned Washington of “retaliatory measures that are inevitable in this situation.”

“Against this deplorable backdrop, statements by US representatives about a desire to stabilize bilateral ties sound highly unconvincing,” Ryabkov said in a statement on Tuesday. “We have always advocated and will continue to advocate efforts to resolve our existing differences through dialogue. Over the past few years, Washington should have grasped the idea that we consider the language of sanctions to be unacceptable, and that such actions only hamper the resolution of real problems. So far, however, it appears that they have failed to comprehend these obvious truths.”

Senior Russian Senator Andrey Klimov said that the sanctions lack legitimacy.

“These sanctions are illegal in themselves, because the only thing recognized by international law is the sanctions of the UN Security Council,” Klimov told Interfax. “We must react in principle to this insane and confrontational policy. The toolbox is rich, let’s hope that we will act consistently, reasonably, professionally and effectively.”

America

US unemployment rate falls to 50-year low

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The U.S. unemployment rate fell in September to a new five-decade low of 3.5%, while employers added a modest 136,000 jobs.

The Labor Department says that despite the ultra-low unemployment rate, which was down from 3.7% in August, average hourly wages slipped by a penny. Hourly pay rose just 2.9% from a year earlier, lower than 3.4% at the beginning of the year.

Hiring has slowed this year as the U.S.-China trade war has intensified, global growth has slowed, and businesses have cut back on their investment spending. Still, hiring has averaged 157,000 in the past three months, enough to lower the unemployment rate over time.

The unemployment rate for Latinos fell to 3.9%, the lowest on records dating from 1973.

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America

Trump embarrassed by TV channel

As Trump was speaking to the media after meeting Zelensky to clarify his position, MSNBC host Nicolle Wallace cut into it, saying: “We hate to do this but the President isn’t telling the truth.”

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New York, Sep 26 : US President Donald Trump was subjected to an embarrassment when the MSNBC news channel cut away from his press conference while he was speaking on the controversy surrounding him over the Ukrainian probe against former Vice President Joe Biden.

Trump on Wednesday was addressing the press conference against the backdrop of impeachment proceedings announced against him by House Speaker Nancy Pelosi following allegations that he put pressure on the Ukrainian President Volodymyr Zelensky to order a probe against Biden whose family has business interests there.

The allegation against Trump came to light because of a whistleblower and a transcript of the conversation between him and Zelensky in July, which has become public.

As Trump was speaking to the media after meeting Zelensky to clarify his position, MSNBC host Nicolle Wallace cut into it, saying: “We hate to do this but the President isn’t telling the truth.”

She added that Trump was trying to do it to deflect the attention from his impeachment.

According to the transcript of the telephonic conversation that has gone public, Trump is heard asking Zelensky to “do us a favour”, after the latter expresses gratitude for the military aid the US provided to his country.

Trump’s words of “do us a favour” is seen as a quid pro quo for the American military aid, because of which the impeachment proceedings have been announced.

After Wallace cut the press conference, her guest on the programme, justice and security analyst Matthew Miller, rebuked Trump for saying that Biden and his son had done wrong.

“This story has been looked at and thoroughly debunked by everyone involved,” Miller said, adding the real issue was whether Trump’s conduct is “impeachable”.

Trump is facing problem at a time when he is in New York to attend the UN General Assembly.

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Kim Jong-un receives ‘excellent’ letter from Trump

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Pyongyang, June 23 North Korean leader Kim Jong-un has received a personal letter with “excellent” and “interesting” content from US President Donald Trump, Pyongyang’s state media said on Sunday.

“After reading the letter, the Supreme Leader of the Party, the state and the armed forces said with satisfaction that the letter is of excellent content,” the Korean Central News Agency said, referring to its leader.

“Appreciating the political judging faculty and extraordinary courage of President Trump, Kim Jong-un said that he would seriously contemplate the interesting content,” it added.

The KCNA did not disclose when and how the letter was delivered to Kim, reports Yonhap News Agency.

The letter appears to be in response to the one Kim sent to Trump recently in time for the anniversary of their first-ever summit in Singapore last June.

Trump had described Kim’s letter as “beautiful” and “very warm”. He also emphasized that the relationship between them remains strong and that “something will happen that’s going to be very positive”.

The exchange of correspondence between the leaders renewed hopes for a resumption of denuclearization talks which have stalled since the breakdown of their second summit in February.

The summit collapsed as Pyongyang wanted sanctions relief as a corresponding measure in exchange for dismantling its Yongbyon nuclear complex, while Washington insisted that sanctions should remain in place until the North completely gives up its nuclear weapons programme.

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