US maximizes sanctions pressure on China with Entity Listing of 59 Chinese entities lexology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lexology.com Daily Mail and Mail on Sunday newspapers.
items that are located in the US, even temporarily; and
non-US-origin items that contain more than a de minimis level of controlled US-origin content (for non-embargoed countries, this is 25% US origin content by value).
The ban applies only to the named affiliates and does not extend automatically to subsidiaries of listed entities. At the same time, transfer of goods, software or technologies to affiliates of named entities risk violating the sanctions if there is reason to know that a named entity could receive or have access to the items.
Parties desiring to export prohibited items to entities on the Entity List may apply to BIS for a license.
China’s massive investments in Ethiopia give it a lot to lose amid renewed sectarian violence.
December 10, 2020
A Sudanese soldier speaks to Tigray refugees who fled a conflict in the Ethiopia’s Tigray region near the Lugdi border crossing, eastern Sudan, Tuesday, Dec. 8, 2020.
Credit: AP Photo/Nariman El-Mofty
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Media reports have hardly mentioned what the latest episode of sectarian violence in Ethiopia could cost China. Few of the East African country’s foreign investors have more to lose, however. Officials in Beijing see Ethiopia as a hub for the Belt and Road Initiative, an ongoing project to expand China’s sphere of influence by bankrolling infrastructure throughout the Global South. China has poured money into the East African country in a bid to earn its goodwill, but ever-rising tensions between Ethiopian ethnic groups are undermining that strategy.