More sanctions against Chinese manufacturers could be on the way. The Biden administration warned recently that China, for the first time, was considering the provision of lethal aid to Russia’s military.
to the Russian military. On Monday, Chinese President Xi Jinping arrived in Moscow for three days of talks with Russian President Vladimir Putin on a range of subjects, including the war in Ukraine.The United States would likely respond to a stepped-up Chinese military aid effort by punishing the specific Chinese companies and financial institutions involved, as it did earlier this month, analysts said. Any U.S.
spokesman, said it remained unclear whether Beijing planned to provide lethal arms to its ally. “We still don’t believe that China has taken it off the table. We still don’t believe and haven’t seen any indication that they’re moving in that direction,” Kirby said.Fresh U.S. sanctions on any Chinese companies, banks or officials involved in such a move would aggravate aneconomic relationship between the United States and China that faces several immediate threats.
One of the Chinese companies sanctioned this month, Hangzhou Fuyang Koto Machinery, used a front company in Hong Kong to ship aerospace components, including light aircraft engines, worth “millions of dollars” to HESA, Treasury said. The United States has stepped up its use of sanctions in recent years, making them a key foreign policy tool. Treasury has blacklisted 398 Chinese companies or individuals over their involvement in Iran, nuclear proliferation, human rights abuses in Xinjiang orAdvertisement
“The U.S. would need to judge how extensive the supply of lethal aid is and through what means, what corporate or government entities,” said Thomas Feddo, founder of Rubicon Advisors and a former Treasury sanctions official.
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