Sanctions
Total 87 Posts
Update on China's Balancing Act on the Russian Invasion and Western Sanctions
Last Friday, President Xi Jinping and President Joe Biden met virtually to discuss a number of aspects of U.S.-China relations, including the situation in Ukraine. This piece provides a rundown on the stated positions of the two governments on the issue, offers an overview of the reaction by
Senate Republicans Introduce Bill To Sanction Chinese Financial Institutions Conducting Transactions with Russia
Three Republican Senators have introduced legislation intended to prevent Chinese and Russian alternative payments systems from undermining U.S. sanctions.
New Zealand Sanctions Law Targets Russia, But With China Also in Mind
New Zealand recently passed a sanctions law that targets Russia, but could also cover certain Chinese actions related to Russia, and may lay the foundation for future broad sanctions legislation that could cover Chinese government actions.
Asian Infrastructure Investment Bank Puts Lending to Russia and Belarus on Hold
The China-led Asian Infrastructure Investment Bank (AIIB) has paused lending in Russian and Belarus due to the Russian invasion of Ukraine.
Three Republican Senators Introduce Bill To Sanction China if It Invades Taiwan
Senators John Kennedy (R-LA), Rick Scott (R-FL) and Kevin Cramer (R-ND) have introduced the Deterring Communist Chinese Aggression Against Taiwan Through Financial Sanctions Act, which would sanction China if it were to invade or blockade Taiwan.
Where China Stands on Western Sanctions against Russia
Recently, the United States, the European Union and other nations have announced
a wide range of sanctions against Russia. China's initial reaction has been to
criticize the use of these sanctions as a matter of principle, but the extent to
which it will cooperate with the sanctions remains
Beijing Says It Will Sanction US Defense Firms over Taiwan Arms Sales
During a recent press conference, China’s Ministry of Foreign Affairs spokesperson said that China would impose sanctions on two U.S. defense firms, Raytheon and Lockheed Martin, over arms sales to Taiwan.