Tag: China Communications Construction Company

U.S. imposes sanctions on Chinese enterprises and executives active in South China Sea
World

U.S. imposes sanctions on Chinese enterprises and executives active in South China Sea

Increasing China’s troubles, the United States has imposed a set of visa and export restrictions against Chinese state-owned enterprises and executives involved in advancing Beijing’s territorial claims in the disputed South China Sea.These restrictions by the US Department of State apply to various state-owned firms, including subsidiaries of China Communications Construction Company (CCCC), a leading contractor for Chinese President Xi Jinping’s Belt and Road Initiative (BRI).“The Department of State will begin imposing visa restrictions on People’s Republic of China (PRC) individuals responsible for, or complicit in, either the large-scale reclamation, construction, or militarization of disputed outposts in the South China Sea, or the PRC’s use of coercion against Southeast Asian claima
US should focus more on expansive operations of Chinese state-owned enterprises: Report
World

US should focus more on expansive operations of Chinese state-owned enterprises: Report

A Washington-based think tank has suggested that the Trump administration should be more focused on the expansive operations of Chinese state-owned enterprises and not just remain fixated on two Chinese firms -- TikTok and Huawei.While these companies undoubtedly raise clear and important concerns, the Centre for Strategic and International Studies (CSIS) said the US should demonstrate more strategic maturity if it was equally focused on the operations of China Communications Construction Company, COSCO Shipping, and State Grid which are quietly dominating the sectors of infrastructure, telecommunications, transportation, energy, and financial services globally. "Where the United States does pay attention to the global architecture of China's rise, such as the Belt and Road Initiative or t