China Quote by Richard Lugar
“Of other countries, to impose economic sanctions, it'd really begin to dry up the enormous amount of money coming into North Korea, a lot of it from China - from Chinese banks - whereas, if we sanction the Chinese banks, there could be friction with China. But this is something we're going to have to face.”
About This Quote
Source Speech: Congressional Testimony on North Korea Sanctions, 2017
Sanctioning Chinese banks could pressure North Korea but risks U.S.-China relations.
In simple terms: Targeting allies may backfire.
Weigh geopolitical costs before expanding sanctions.
Themes
Mood
Type
When to use this quote
- North Korea policy
- China‑U.S. relations
- financial regulation
Key Concepts
Questions to Reflect On
- What alternative tools could pressure North Korea without harming allies?
- How can multilateral cooperation mitigate friction?
Sanctions may harm global markets and diplomatic ties.