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US sanctions China’s Guangzhou Tengyue Chemical for alleged fentanyl trafficking

The United States on Wednesday sanctioned a Chinese chemical company that it alleges is manufacturing and coordinating shipments of illicit opioids, such as fentanyl, and chemical agents into the country. The move comes amid recent stepped-up moves in Washington to target China on the fentanyl issue despite stabilising bilateral ties. A Treasury Department statement said sanctions have been placed on Guangzhou Tengyue Chemical, based in China’s southern Guangdong province, and two of the...


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