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.

Author

  • Alex Zerden

    Adjunct Senior Fellow, Energy, Economics, and Security Program, Founder, Capital Peak Strategies

    Alex Zerden is the founder of Capitol Peak Strategies, a risk advisory firm based in Washington, DC. Capitol Peak works with leading financial institutions, companies and orga...