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Posted @withregram • @hkz.global 0032 The U.S. Treasury Department announced on Friday (7 Aug) that it is placing sanctions on 11 Chinese officials and individuals in Hong Kong, including Chief Executive Carrie Lam, for undermining political freedoms of Hong Kong citizens.

Sanction Implications:
• The 11 persons will have any property and assets in the U.S. frozen
• U.S. persons and businesses are genereally prohibited to be involved in business transactions with these 11 blocked persons
• Any provision of U.S. goods or services to the blocked persons is prohibited

Source: US Treasury

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