The U.S. Imposed Sanctions On China

Five companies were subject to the restrictions.

The United States has imposed sanctions on five Chinese companies. This was announced by the Office of Foreign Assets Control (OFAC).

The companies were added to the sanctions list under the American Intellectual Property Protection Act of 2022.

The list includes the investment firm Qiji Chuangtan Beijing Investment Management, also known as MiraclePlus, three affiliated entities, and Shanghai Zhisuan Technology.

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