April 19, 2024
News

U.S. charges Chinese firm with North Korea sanctions breaches

Indictment comes three years after Ma Xiaohong and her company were first designated

The U.S. Justice Department on Tuesday charged a Chinese company, along with its owner and managers, for violating the International Emergency Economic Powers Act (IEEPA) and assisting North Korea in obtaining materials for its weapons programs.

The indictment was aimed at Ma Xiaohong, her company Dandong Hongxiang Industrial Development Co. Ltd. (DHID), and three managers: Zhou Jianshu, Hong Jinhua, and  Luo Chuanxu.

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