" U.S. President Donald Trump (Xinhua file photo)
WASHINGTON Cheap T.Y. Hilton Jersey , Nov. 20 (Xinhua) -- U.S. President Donald Trump said on Monday he was designating the Democratic People's Republic of Korea (DPRK) as a state sponsor of terror.


Trump said in a cabinet meeting in White House that ""we will be instituting a very critical step, and that will start right now. Today, the United States is designating North Korea as a state sponsor of terrorism.""


""It should have happened a long time ago. It should have happened years ago,"" said Trump, accusing the DPRK of ""threatening the world by nuclear devastation"" and repeatedly supporting ""acts of international terrorism, including assassinations on foreign soil.""


White House officials previously blamed the Asian nation for killing a man in a Malaysia airport and murdering the U.S. citizen Otto Warmbier Cheap Andrew Luck Jersey , both denied by Pyongyang.


Warmbier was an American university student who, while visiting DPRK as a tourist in Jan. 2016, was arrested and sentenced to 15 years imprisonment. He was released in June 2017 and died six days after he returned to the United States.


""As we take this action today, our thoughts to turn to Otto Warmbier, a wonderful young man,"" Trump added Cheap Khari Willis Jersey , vowing to impose further sanctions and penalties on Pyongyang and related persons.


Trump also said the U.S. Treasury Department will announce measures on Tuesday to slap an additional ""large"" sanction against the DPRK.


""It must end its unlawful nuclear and ballistic missile development, and cease all support for international terrorism -- which it is not doing,"" he noted.


The DPRK was removed from the list of state sponsors of terror by President George W. Bush in 2008.



"

THE government has “basically exited” from its curbs on irrational outbound investment deals, Pan Gongsheng, the head of China’s foreign exchange regulator, was quoted by media as saying yesterday.


“At the end of last year Cheap Bobby Okereke Jersey , several departments took phased measures to control irrational outbound direct investment, and so far they have basically exited (from such measures),” Chinese financial news outlet Yicai quoted Pan, head of the State Administration of Foreign Exchange, as saying.


China’s non-financial outbound direct investment in the January-October period slumped 40.9 percent year on year to US$86.31 billion as authorities bear down on what they say are speculative foreign ventures.


The decline in outbound investment reflected the government’s restrictive measures and “a gradual maturation and return to the rationality of external investment by market players,” Pan said.


The government said it continues to encourage genuine overseas deals but has vowed to limit overseas investment in property Cheap Parris Campbell Jersey , hotels, entertainment, sports clubs and film industries which were suspected to be more speculative.


China also said it encourages overseas investment by qualified companies as they integrate into the global industrial and value chains and support investment by firms involved in Belt and Road Initiative projects, while taking steps to curb investment risks.


Last week, the National Development and Reform Commission (NDRC) issued draft guidelines for its companies investing overseas, streamlining approval processes for deals while raising oversight for projects in sensitive sectors and countries.


The NDRC warned that the government will record and tally instances of laws and regulations being broken in China or abroad Cheap Ben Banogu Jersey , and offenders would be punished.


In addition to illegal activities, the guidelines specifically say actions that “violate international conventions and U.N. resolutions, or that disrupt foreign economic cooperation, adversely impact the Belt and Road initiative, or harm China’s reputation,” will be recorded.


The guidelines also focus on monitoring cross-border capital flows by insisting overseas deals are reasonable and disclosures are accurate.


Companies or individuals that break rules will be penalized in various ways Cheap Rock Ya-Sin Jersey , according to the guidelines.(SD-Agencies)

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