Sanctions
Total 84 Posts
New Report Examines U.S. Sanctions Affecting Chinese Persons and Companies
A think tank report from early March counts up the main types of sanctions imposed by the U.S. government that have been imposed on Chinese individuals and entities, and offers an assessment of future developments in this area.
28 Chinese Companies Added to Entity List
Last week, the U.S. government sanctioned more than two dozen Chinese firms, including one major supplier of servers used in data centers. The reasons for the sanctions, and the level of the export restrictions, varied by company.
Members of Congress Press Biden Administration for Hikvision Sanctions
The two leaders of the House Foreign Affairs Committee have requested that President Biden make a determination about whether sanctions should be imposed on Hangzhou Hikvision Digital Technology Co., Ltd. (Hikvision) for its activities related to human rights abuses.
U.S. Adds Five Chinese Companies to Entity List over Ties to Russia
Last week, the U.S. government announced sanctions on five more Chinese firms for their contribution to Russia's military and defense industry.
China Adds Two U.S. Defense Firms to Unreliable Entity List
China's Ministry of Commerce (MOFCOM) today announced the first-of-its-kind sanctions on two U.S. defense companies, Lockheed Martin Corporation and Raytheon Missiles and Defense, for their arms sales to Taiwan.
U.S. Sanctions Chinese Satellite Firm for Involvement in Russian Military Operation
Last week, the U.S. government sanctioned a Chinese company for providing assistance to the Russian military in the Ukraine war. The company later issued a statement denying any involvement.
Proposed U.S. Legislation Would "Freeze Huawei from U.S. Financial System"
A bipartisan group of members of Congress in both the House and the Senate introduced legislation earlier this week that would cut off Huawei and other Chinese 5G companies from U.S. banks.