Reuters Beijing, China
Jul 24, 2019, 03.55 PM
China's foreign ministry said on Wednesday it opposed the long-arm jurisdiction of the United States amid indictments on Chinese firms.
A Chinese company, its owner and three managers have been indicted on charges of conspiring to evade US sanctions meant to stop North Korean firms from helping Pyongyang to develop nuclear weapons and ballistic missiles, the US Department of Justice said on Tuesday.
"The head of Dandong Hongxiang Limited company you mentioned is suspected of economic crimes and China's judiciary is currently dealing with this matter according to its laws," ministry spokeswoman Hua Chunying told a daily briefing.
The US treasury department's Office of Foreign Assets Control imposed sanctions on Dandong Hongxiang when the charges were announced in September 2016, the first time Washington had taken such a step against a Chinese company.
A Chinese company, its owner and three managers have been indicted on charges of conspiring to evade US sanctions meant to stop North Korean firms.