US lifts sanctions on Chinese animation studios linked to North Korean schemes

The U.S. Treasury Department has removed two Chinese animation businesses and a Chinese national from its North Korean sanctions list, without publicly explaining the decision. The Office of Foreign Assets Control (OFAC) deleted Moxing Cartoon, Shanghai Hongman Cartoon and Animation Design Studio, and Lu Hezheng from its Specially Designated Nationals and Blocked Persons (SDN) List, […]

Source: NK News