The United States excluded China's Bank of Dandong from its financial system on Thursday, alleging that it has helped North Korea evade financial sanctions to launder funds. Washington had alerted other businesses in June that it planned to take the action, but it finally went into effect just as US President Donald Trump was to set off on an Asian tour. The US leader has demanded that Beijing do more to push its neighbor North Korea to stop efforts to build a nuclear-armed missile capable of reaching American cities.
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