China Faces U.S. Sanctions
This is a Hong Kong news story, published by The Diplomat, that relates primarily to the U.S. Bureau of Industry and Security news.
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Chinese companiesThe Diplomat
•More Chinese Companies Sanctioned by the US Over Russia Trade
75% Informative
42 more Chinese and Hong Kong companies were put on the “ Entity List ” of the U.S. Bureau of Industry and Security ( BIS ) for violating regulations that prevent dual-use technologies from reaching Russia as it prosecutes its war against Ukraine .
The list was originally intended to make public any entities that might be engaging in activities that could assist in the development of weapons of mass destruction.
In a global world with a supply chain spanning multiple nations just to produce a laptop, it becomes nearly impossible to stop proliferation of good technologies into the hands of bad actors.
Technology companies in the United States clamored for this market, yet now want to protect what they so eagerly gave away two and three decades ago .
The U.S. government seems not only happy but downright eager to help them.
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