The United Nations Security Council has imposed a new round of sanctions against North Korea over its test launches of two intercontinental ballistic missiles last month. The sanctions ban North Korean exports of coal, iron, lead and seafood, which could slash up to one-third of the country’s export revenue. North Korea has slammed the sanctions as “a violent violation of our sovereignty.” Over the weekend, Secretary of State Rex Tillerson met with China’s foreign minister and other Asian leaders at a regional security meeting in the Philippines capital Manila. Chinese Foreign Minister Wang Yi called for dialogue to reduce the escalating tensions between the U.S. and North Korea.

Wang Yi: “Sanction is necessary, but sanction is not the ultimate purpose. Our purpose is to bring all parties involved in the nuclear issues back to the negotiation table table, to find the resolutions through talks, to realize the denuclearization of the Korean Peninsula.”