REUTERS/Greg Baker/PoolChina said on Tuesday it was opposed to any country using its own laws to carry out “long arm jurisdiction”, after the United States sanctioned a Chinese industrial machinery wholesaler tied to North Korea’s nuclear programme. The US Treasury said it was sanctioning Dandong Hongxiang Industrial Development along with its executives Zhou Jianshu, Hong Jinhua, Luo Chuanxu and its owner Ma Xiaohong under US regulations targeting proliferators of weapons of mass destruction. It accused the firm of acting on behalf of North Korea’s Korea Kwangson Banking Corp (KKBC), which has been under US and UN sanctions for supporting proliferation of such weapons. Asked about the move, Chinese Foreign Ministry spokesman Geng Shuang said China was committed to upholding United Nations Security Council resolutions against North Korea, which mandate tough sanctions for its nuclear and missile tests. Any person or company found in breach of the rules would be punished and if necessary China would cooperate with other countries on this on the basis of mutual respect and equality, Geng told a daily news briefing. “I want to stress that we oppose any country enacting so-called long arm jurisdiction, using its own domestic laws against a Chinese entity or individual,” he added. “We have already communicated this position to the US side,” Geng said, without elaborating. REUTERS/Greg Baker/Pool The firm has been at the centre of a scandal since last week over its suspected role in aiding North Korean leader Kim Jong-un’s rapidly expanding nuclear weapons programme by selling materials for developing nuclear bombs.
China Is Accusing The Us Of Using Its Own Domestic Laws To Punish A Chinese Company
feedback@businessinsider.com (Nectar Gan), Business Insider
Tue, 09/27/2016 - 8:17pm
Topics: reuters/greg baker/poolchina united states the us treasury hongxiang industrial development zhou jianshu hong jinhua luo chuanxu ma xiaohong korea kwangson banking corp kkbc asked chinese foreign geng shuang united nations security council ldquo;i ldquo;we north korean kim jong-un&rsquo hongxiang&rsquo liaoning set hk state administration industry commerce april un security council resolution march pyongyang&rsquo joongang daily yalu river a south korean asan institute policy studies c4ads watch galaxy note china un chinese north korea&rsquo us dandong hongxiang hongxiang industrial ma kkbc kkbc foreign ministry geng north korea reuters/greg baker/pool the kkbc south korean company domestic laws nuclear million firm sanctions month weapons report programme provincial authorities arm year owner biggest registry total test yuan
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