U.S. targets Chinese and Russia entities over North Korea

U.S. targets Chinese and Russia entities over North Korea

The United States is imposing new North Korea-related sanctions, targeting Chinese and Russian firms and individuals for supporting Pyongyang's weapons programs, U.S. officials announced on Tuesday, but stopped short of an anticipated focus on Chinese banks, Reuters reported.

The Office of Foreign Assets Control designated six Chinese-owned entities, one Russian, one North Korean and two based in Singapore. They included a Namibia-based subsidiary of a Chinese company and a North Korean entity operating in Namibia.

Six individuals including four Russians, one Chinese and one North Korean were targeted, the Treasury Department said.

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