Ralph Peters: China Still Not Doing Enough on North Korea

EXCERPT:

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TRUMP: "We had a great call with President Putin. We're talking about peace in Syria, very important. We're talking about North Korea. We had a call that lasted almost an hour and a half. We just put out a release on the call, but we're talking very strongly about bringing peace to Syria. We're talking very strongly about North Korea and Ukraine." 
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SHAWN: "That's President Trump, of course, speaking out about that phone call yesterday with Russian President Vladimir Putin. They apparently covered a wide range of topics including, as you heard, North Korea, which now is facing new sanctions after the president designated Pyongyang as a state sponsor of terrorism. Our next guest says hitting North Korea in the wallet is, of course, a better option than war and who can doubt that. Lieutenant Colonel Ralph Peters is a Fox News strategic analyst. Colonel Peters, good to see you. This is --"
PETERS: "Happy Thanksgiving."
SHAWN: "Happy Thanksgiving, too. This is actually a re-designation of North Korea, because it was President George W. Bush who took it off the state sponsor list of terror states. Ronald Reagan originally did it back in the late 80s. Do you support this and more sanctions?" 
PETERS: "Of course. Anything we can do to prevent a war is good. Now, this crisis is so serious with a finite amount of time left to solve it that we may ultimately wind -- wind up in a shooting war with North Korea. But my position is better the threat of a trade war with China than the threat of a shooting war anywhere. And the real key here, if you want to force the stumbling, bumbling North Korean economy to a stop the key is still China. Now China has been taking some more positive moves in observing U.N. sanctions and so forth, but it still not doing enough. It still is the big key. And we need China to really help us and stop trying to play both sides of the fence."