China repudiated the Trump administration and warned the bilateral relationship was at risk of being hurt, after the US sanctioned more Chinese firms and citizens for their alleged role in helping North Korea develop weapons of mass destruction.
The US Treasury intensified pressure on China and Russia on Tuesday, by blocking 16 businesses and individuals from the US financial system for supporting Pyongyang's nuclear and ballistic missile programs, energy trade, export of labour and evasion of sanctions.
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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
