Protecting Construction Projects From China Sanctions Risks
Law360 (April 5, 2021, 6:04 PM EDT) -- Last year, the U.S. sanctioned several Chinese companies for their role in building islands in the South China Sea in a highly publicized move, suggesting a step up in measures against Chinese entities beyond Huawei Technologies Co. Ltd.
In its last days, the Trump administration followed with new restrictions against executives of state-owned enterprises, Chinese Communist Party officials and military figures, in addition to the state oil company China National Offshore Oil Corporation Ltd., for allegedly taking coercive steps against governments with competing claims in the South China Sea.
The mainly state-owned entities involved are big players in China's long-term overseas...
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