U.S. Commerce and Treasury Departments Increase Sanctions Against Chinese Entities
The United States Department of Commerce and Department of Treasury continue to ramp up sanctions against Chinese entities as part of the ongoing tension between China and the United States. The Commerce Department’s Bureau of Industry and Security (BIS) added 37 entities to the Entity List, including 34 Chinese research institutes and technology companies, linked to supporting China’s military modernization efforts or Iran’s weapons program. ...