China and Japan ‘Back North Korea Financial Sanctions’

At a three-way summit between South Korea, Japan and China, China may have finally agreed to impose financial sanctions on Pyongyang for the sinking of the South Korea vessel the Cheonan. From BBC:

In a BBC interview, South Korean Foreign Minister Yu Myung-hwan speculated that the sinking of the Cheonan might have been the result of internal Pyongyang politics.

North Korea has angrily denied any responsibility for the attack.

The North Korean military, Mr Yu said, might have decided to do it in order to distract attention from other problems.

Mr Yu had no criticisms to make of China for failing to condemn North Korea publicly for the sinking of the Cheonan.

On the contrary, he felt that China had been privately helpful and understanding during the three-way summit with South Korea and Japan, which ended on Sunday.

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