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US Sanctions Chinese Network for Aiding North Korea's Missile Programs

Treasury targets six individuals and five firms for violating UN resolutions by supplying materials for ballistic and space technologies.

  • The sanctions aim to disrupt North Korea's procurement network for missile and space programs.
  • Key individuals sanctioned include Chinese nationals Shi Qianpei and Chen Tianxin.
  • Affected companies are involved in the supply of metal sheets and other materials critical for missile production.
  • The US Treasury emphasizes the destabilizing impact of North Korea's missile development on regional and global security.
  • This is the second wave of sanctions in just over a month against entities linked to North Korea's missile activities.
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