Total 30 Posts
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 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.
The China-led Asian Infrastructure Investment Bank (AIIB) has paused lending in Russian and Belarus due to the Russian invasion of Ukraine.
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.
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 unclear. This
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.
The U.S. State Department has announced that three Chinese entities will be subject to sanctions due to "missile technology proliferation activities."