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China's Ministry of Commerce announced sanctions against Boeing and two other defense companies Monday for arms sales to Taiwan, on the day of Taiwan's presidential inauguration. The move is the ...
The sanctions came after treasury secretary Janet Yellen and secretary of state Antony Blinken made trips to China to sound alarm over what they described as Beijing’s commercial support for ...
Still, sanctions by Beijing targeting American defense companies tend to have a muted impact given that U.S. military firms don't sell arms or related goods to China. The tit-for-tat trade ...
The United States government applies economic sanctions against certain institutions and key members of the government of the People's Republic of China and its ruling Chinese Communist Party (CCP), certain companies linked to the People's Liberation Army (PLA), and other affiliates that the U.S. government has accused of aiding in human rights abuses.
The measure is the latest in a series intensifying U.S. penalties over China’s alleged systemic and widespread abuse of ethnic and religious minorities in the western region, especially Xinjiang ...
China on Wednesday sanctioned 12 U.S. defense-related companies and 10 executives over arms sales to Taiwan in retaliation for earlier American sanctions on Chinese companies tied to Russia. The ...
A related Executive Order 14032 ("Addressing the Threat From Securities Investments That Finance Certain Companies of the People's Republic of China") was signed by President Joe Biden on June 3, 2021. The national emergency declared by E.O. 13959 remains in effect and has been expanded by E.O. 14032.
The law also allowed Chinese ministries, such as the Ministry of Foreign Affairs and the Taiwan Affairs Office, to implement new blocking sanctions against foreign individuals and entities. [4] The Taiwan Affairs Office announced a sanction under the new law in November 2021, [ 5 ] and the Ministry of Commerce announced its first Unreliable ...