7/31, 5:05 PM (Source: TeleTrader)
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US sanctions Chinese companies over Uyghur treatment

The United States Treasury Department imposed on Friday sanctions against several Chinese companies, alongside two individuals, over their connection to human rights abuses against the Uyghur people.

Among those sanctioned are Xinjiang Production and Construction Corps, also known as XPCC, the federal government said.

"As previously stated, the United States is committed to using the full breadth of its financial powers to hold human rights abusers accountable in Xinjiang and across the world," Secretary Steven Mnuchin stated.

Breaking the News / MD