A spokesman for china's foreign ministry, Lu Kang, said on Friday that President Trump's comments about Chinese President Xi Jinping ordering Chinese banks to stop conducting business with North Korea were not consistent with the facts. That President Trump's statement is untrue is very likely for the simple fact that multiple times, his statements have failed to hold up against fact-checking sources.

The President's comments parallel a moment in the Trump administration's foreign policy efforts to exchange attacks with North Korea. The President called the Chinese neighbors' leader "rocket man" and said during his first UN General Assembly speech that the US would "totally destroy North Korea." In response, Kim Jong-un has threatened to take action against Trump, even saying they would test a nuclear explosion over the Pacific Ocean.

Trump has been trying to force the Democratic People's Republic of Korea (DPRK) -- the official name of Kim Jong-un's regime -- to stop testing ballistic missiles and conducting their nuclear tests. Since Trump has been in office, the DPRK has continued to test their missiles over Japan, conducted a sixth nuclear test and threatened to destroy the United States. US Congress, the President, and the United Nations Security Council have all passed sanctions enforcement over the past several months.

China's won't 'strangle' North Korea with sanctions

But, according to the Washington Post's article: "China tightens banking screws on North Korea, but rejects Trump's talk of total ban," while Beijing has "tightened the financial screws" on their unhinged neighbor, Xi Jinping's government is unwilling to strangle Kim Jong-un's regime through sanctions entirely.

Through previous administrations -- and in recent months -- experts on the region have said that China is not interested in completely isolating Pyongyang or doing anything that would destabilize a nuclear state on their border.

The same goes for Russia, South Korea and to some extent, even Japan. China's more immediate concern would be to have millions of North Korean refugees flooding in through their borders, or to even have U.S.

soldiers along with their borders as well. President Trump signed executive orders on Thursday for new sanctions that go to restricting financial institutions from trading with North Korea. The order adds to sanctions that were previously enforced by the United Nations that reduces trading oil with the rogue state.

Shell companies, defiant banks, defying western aggression

But the Washington Post article states that the sanctions have more of an impact on those institutions on the Chinese border, as opposed to China's central bank. Thus far, the report said that Chinese banks had been told by their central bank not to let North Korea individuals or companies open new accounts. But because both China and Russia are against harsh sanctions, there have already been reports on Russia's efforts to smuggle products to North Korea along the border.

Russia already has a reputation of establishing shell companies to launder money. Such was the case after the UN's recent sanctions that prevented a percentage of oil trade with the DPRK, where smugglers are currently jumping in to ship fuel to the nuclear state.

North Korea is also known to set up shell companies and dealing with underground banks. Despite this, the same way that North Korea has lashed out at the U.S., they have also lashed out at China over enforcing sanctions, saying that the Chinese media better watch how the DPRK deals with the Trump administration and has told them to stop kowtowing to Trump's ignorant acts.
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