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OFAC Adds Chinese Entity, Person to SDN List

The Treasury's Office of Foreign Assets Control announced sanctions on a Chinese national and a Chinese entity under OFAC’s Iran-related sanctions regime, the agency said in a notice. OFAC is sanctioning Youmin Li and Zhuhai Zhenrong Company Limited, an entity…

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with addresses in Beijing and Guangdong, OFAC said. Both Youmin and Zhuhai Zhenrong were added to OFAC’s Specially Designated Nationals List.