They’re not “our” banks.
They are China’s.
China is a big, powerful communist country. Banks there, are Chinese banks.
I understood that from the article, but I stand by my position. That is not the way to pressure NK.
State run banks in China. Not private. They can do what they want, but they can’t do business in US dollars. If you know how international banks work, that is a death sentence.
The dollar is still the reserve currency of the world and all FX has to be done in USD.