The US has imposed sanctions on Chinese companies under the Magnetic Act.

APA reports with reference to TASS that the US Ministry of Finance has released information about this.

It was reported that the Ministry of Finance added the names of two individuals and several Chinese companies to the list of sanctions due to human rights violations.


It was noted that Li Zhenyu and Xinrong Zhuo and their "Dalian Ocean Fishing" and "Pingtan Marine Enterprise" were added to the sanctions list.

In addition, 157 Chinese-flagged vessels associated with sanctioned companies have been restricted.