OFAC

Total 4 Posts

U.S. Treasury Lists Chinese Companies and Individual for Illicit Drugs

On December 15, the U.S. Treasury Department added one Chinese individual and several Chinese companies to a designated list on the basis of their involvement in illicit drug trade. The designated persons and related personnel would be subject to sanctions, including blocking assets and denial of entrance into the

DJI and Other Chinese Companies Added To U.S. Treasury Investment Blacklist

The Office of Foreign Assets Control at the U.S. Treasury Department has added the Chinese company DJI, a maker of drones, and seven other Chinese companies to its non-SDN Chinese Military-Industrial Complex Companies List, which would effectively mean that Americans are prohibited from trading shares in the company. The

SenseTime Added To U.S. Treasury Investment Blacklist

On Friday, the Office of Foreign Assets Control at the U.S. Treasury Department added the Chinese company SenseTime to its non-SDN Chinese Military-Industrial Complex Companies List, which would effectively mean that Americans are prohibited from trading shares in the company. SenseTime uses AI technology for a range of applications,

Three U.S. Senators Call For Penalties Against Chinese “Internet of Things” Company

On September 9, U.S. Senators Marco Rubio (R-FL), Rick Scott (R-FL), and Tom Cotton (R-AR) sent a letter to Treasury Secretary Janet Yellen expressing concern about Chinese “Internet of Things” (IoT) company Tuya, and asking the Treasury Department to add Tuya to a “Chinese Military-Industrial Complex Companies List,” which
You've successfully subscribed to China Trade Monitor
Great! Next, complete checkout for full access to China Trade Monitor
Welcome back! You've successfully signed in.
Unable to sign you in. Please try again.
Success! Your account is fully activated, you now have access to all content.
Error! Stripe checkout failed.
Success! Your billing info is updated.
Error! Billing info update failed.