USA’s new sanctions targeting Iran’s Ballistic Missile Program
The United States is sanctioning six entities and six individuals based in Iran and China for their role in a network procuring ballistic missile propellant ingredients on behalf of Iran’s Islamic Revolutionary Guard Corps. Action, which targets this network that has facilitated the procurement of sodium perchlorate and dioctyl sebacate from China to Iran, is […]
Ukraine bans China’s firms because of helping Russia
Ukraine imposed sanctions on three Chinese companies, claiming they were involved in production of advanced Iskander missiles, a day after President Volodymyr Zelenskiy alleged that China had been supplying weapons to Russia. Zelenskiy’s administration published an updated list of sanctioned entities. The list, which also includes Russian companies, named Beijing Aviation And Aerospace Xianghui Technology […]
US imposes sanctions on Chinese refinery accused of buying Iranian oil
The sanctioned refinery in China’s Shandong province received dozens of shipments of crude oil from Iran worth more than $1 billion, the Trump administration said. Officials also announced that several companies and vessels involved in the shipments were added to the sanctions list. The new penalties were imposed by the Office of Foreign Assets Control […]
China imposes Hong Kong sanctions on US congressmen
A spokesman for China’s Ministry of Foreign Affairs said “Any wrongful actions taken by the United States side on Hong Kong-related issues will be met with China’s resolute retaliation and reciprocal countermeasures.” China will apply tit-for-tat sanctions on US Congress members, officials, and heads of non-governmental organisations Beijing said had ‘acted egregiously’ on Hong Kong-related […]
US targets China oil storage terminal in new Iran-related sanctions
The Trump administration imposed sanctions on Iranian oil trading networks including on a China-based crude oil storage terminal linked via a pipeline to an independent refinery, just days before talks between the U.S. and Iran. The U.S. imposed sanctions on Guangsha Zhoushan Energy Group Co Ltd, which operates a crude oil and petroleum products terminal […]
China punishes US drone industry in latest salvo
China has dropped the hammer on 11 US-based drone manufacturers — including Skydio, BRINC Drones, and Boeing-owned Insitu — by placing them on its ‘unreliable entity’ list, a move that subjects these companies to sweeping trade sanctions and export restrictions. The Chinese government accuses US drone makers of engaging in ‘military technology cooperation with Taiwan,’ […]
US issued Iran related sanctions against China
United States imposed sanctions on entities and individuals in Iran, the UAE and China. The US accuses these entities being part of an Iranian weapons procurement network. The U.S. Treasury Department announced sanctions on six entities and two individuals in action taken in coordination with the Department of Justice, accusing them of responsibility for procurement […]
China sanctions US defence companies
The Chinese Ministry of Commerce has placed two American companies on the sanctions list for arms sales to Taiwan. The companies included in the list were Lockheed Martin and Raytheon Technologies working with the US Department of Defence. In line with the sanctions decision, both companies and their subsidiaries Raytheon Missile and Defence Corporation will […]
US targets Iranian oil network
The US announced that it has placed some companies that purchase, process and transport Iranian oil on the sanctions list. According to the US Treasury Department, a China-based ‘teapot’ oil refinery that buys and processes hundreds of billions of dollars worth of crude oil from Iran and its top executive have been added to the […]
US Sanctions China-Based Hacker and Data Broker
The Department of Justice unsealed indictments charging Zhou Shuai and Yin Kecheng, eight employees of i-Soon, a Chinese technology company, and two officers of China’s Ministry of Public Security (MPS) with a variety of hacking-related offenses. Further, the Diplomatic Security Service’s Rewards for Justice Program (RFJ) is offering up to $10 million for information on […]