China Proposes North Korea-U.S. Compromise to Defuse Tensions

by Dramelin 10:00 PM 0 comments

Wang saw the chance for a breakthrough if both the U.
S.
and North Korea halt moves seen as aggressive.
China?s foreign minister called for North Korea to halt its nuclear activities and the U.
S.
to end nearby military drills as a way to diffuse growing tensions in the region.
Wang said the move was ?clearly the wrong decision? and that it might make South Korea ?less secure.
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North Korea reportedly warned this week that U.
S.
-South Korea war exercises were leading the region to the brink of a ?nuclear disaster.
? The U.
S.
has pushed China to implement sanctions against North Korea, and has ruled out talks until Kim halts provocations.
Won StrengthensAfter the proposal from Wang, the South Korean won reversed course to strengthen 0.
2 percent on Wednesday to 1,143.
54 as of 12:34 p.
m.
in Seoul, according to data compiled by Bloomberg.