The United States Treasury Department has imposed sanctions on the Chinese state-owned Tianjin-based Union Development Group (UDG) for human rights abuses and the seizure of land in Cambodia used in a $3.8 billion property development. It has been blocked from financial transactions and the provision of goods and services within the United States by the department’s Office of Foreign Assets Control under the Global Magnitsky Human Rights Accountability Act. US  Treasury Secretary Steven T. Mnuchin said

“This entity’s predatory investment schemes deepen corruption, undermine the rule of law and exploit the resources of other countries”.