December 29, 2023
China Fires Back at U.S. Sanctions
Source: Axios
Journalist: Bethany Allen-Ebrahimian
Why it matters: The sanctions expand on Beijing's previous efforts to criminalize certain kinds of research, intimidate individual researchers, and make it harder for companies to comply with U.S. sanctions against China. The escalating sanctions fight between the U.S. and China risks forcing companies to choose between the world's largest markets.
The latest restrictions "speak volumes about how China will seek to use its sanctions authorities in the future," Alex Zerden, founder of Capitol Peak Strategies and a former U.S. Treasury official, told Axios.
Read the full story and more from Axios.