China slams US sanctions on state-owned firm in Cambodia

The Chinese government has condemned US sanctions imposed on a state-owned company for human rights abuses in Cambodia, saying they undermined “the legitimate interests of enterprises” and adding “this is an act of repression.”

On Sept. 15, the US stepped up diplomatic pressure on Beijing and sanctioned Union Development Group (UDG) over the seizure of land in a US$3.8 billion property development at Dara Sakor on the southwest coast of Cambodia.

A statement from the US Treasury said UDG had been blocked and financial transactions, the provision of goods and services prohibited within the US.

In full: https://www.ucanews.com/news/china-slams-us-sanctions-on-state-owned-firm-in-cambodia/89574#

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