Sanctions Issues in APAC: MEHL and MEC; DPRK Sanctions Evasion; Chinese Blocking Legislation

Myanmar  There are two main Myanmar based companies run by the Tatmadaw: Myanmar Economic Holdings Limited, and Myanmar Economic Corporation. MEHL was founded in 1988 as the main vehicle for the Tatmadaw, whereas MEC was founded in 1997 to administer the raw material supply to the Myanmar army. Both have been sanctioned by the US…

The Digital Renminbi and the end of American sanctions hegemony
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The Digital Renminbi and the end of American sanctions hegemony

Money can be divided into two categories: token based money, and account based money. Token based money such as currency notes or gold is like a bearer bond: ownership of the thing is the store of value. In the film Die Hard, when Hans Gruber broke into the Nakatomi Plaza at Christmas, he was doing…