Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction:
identify whether following news is true or not

Input:
Treasury's Mnuchin: China may face new sanctions on North Korea;WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Tuesday that if China doesn t follow the United Nations sanctions approved on North Korea, he will seek new financial sanctions on Beijing to cut off access to the U.S. financial system.  Mnuchin told a conference broadcast on CNBC that China agreed to  historic  sanctions on North Korea on Monday in a UN Security Council vote.  If China doesn t follow these sanctions, we will put additional sanctions on them and prevent them from accessing the U.S. and international dollar system, and that s quite meaningful,  Mnuchin said.    ;September 12, 2017

### Response:
True news

### End