Free Republic

(LEAD) Chinese bank said to freeze N.K. accounts for currency counterfeiting SEOUL, July 24 (Yonhap) -- North Korea is suspected of having printed fake Chinese currency, which prompted the Bank of China (BOC) to freeze all of its North Korean accounts in an apparent retaliation, a South Korean legislator asserted on Monday. Quoting a number of unidentified U.S. officials, Rep. Park Jin of the main opposition Grand National Party (GNP) said the freezing of North Korean accounts at the BOC is tantamount to virtual imposition of sanctions by Beijing on the North. "I understand the North is even more frustrated...